Regulated ancillary services are any of the following activities, carried on by way of business:

(a) Permitted services undertaken by third party administrators (TPA);
(b) Card processing;
(c) Services undertaken by Credit reference bureau;
(d) Permitted payment services provided by payment service provider (PSP);
(e) Shari'a advisory/review services;
(ee) Permitted activities of a crowdfunding platform operator;
(f) Providing account information services;
(g) Providing payment initiation services; and
(h) Any other ancillary services that are related to the financial services industry.
Amended: October 2019
Amended: December 2018
Amended: October 2017
April 2016