Notes to Solicitor
Revision of AmBank’s Housing Loan/Financing Securities Documents Effective 28/8/2019
Pursuant to a letter dated 28th February 2019 (“BNM Letter”) issued by Bank Negara Malaysia (“BNM”), we have revised all of our Housing Loan/House Financing documents. In line with our duty to comply with the regulatory requirements as stipulated in BNM Letter, you are required to take all necessary steps to ensure the Revised Documents shall be adopted effective 28th August 2019 (“Effective Date”) and that the same shall replace our current documents (“Old Documents”) for Housing Loan/House Financing. Please take note that any non-compliance at your end in relation to your duty (ies) above, whether intentionally or otherwise, may result in action being taken against you, including but not limited to a claim for compensation for any damage or loss of any kind that may arise from such non-compliance. Should you have any queries please contact us at LenOpsFull-LoanSupport@ambankgroup.com