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Is KWAP bill meant to increase transparency or secrecy? Proposed amendments to R…

Is KWAP bill meant to increase transparency or secrecy? Proposed amendments to RM112 bil pension fund also include "obligation to secrecy", with RM100,000 fines or jail for leaking information.


KWAP bill: Improving transparency or secrecy?
www.kinibiz.com
The controversial amendments to the Retirement Fund Act, apart from removing Bank Negara from KWAP’s investment panel, also contains a clause of secrecy. Will these changes compromise transparency in the RM112 billion pension fund?
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