Deputy Finance Minister II Yamani Hafez Musa said new laws will be introduced to regulate and monitor "Buy Now, Pay Later" (BNPL) schemes.<br /><br />Speaking in Dewan Rakyat on Tuesday (Mar 15), he said t this will be done through the enactment of the Consumer Credit Act in 2022, which aims to strengthen regulatory arrangements for all consumer credit activities, including providers of BNPL schemes.<br /><br />Read more at https://bit.ly/3JbUBjR<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline