Bernama Highlights IFCCI and MTPN Collaboration: Strengthening Financial Standards Through MMOWA
Malaysia’s financial industry received another milestone of recognition as Bernama, the national news agency, recently featured the collaboration between the International Financial Consultant Certified Institute (IFCCI) and the National Consumer Action Council (MTPN). The coverage underscored how this partnership is reshaping the standards of financial consulting while safeguarding consumers against fraud and unethical practices.
At the heart of the collaboration lies the Malaysia Most Outstanding Wealth Advisor Awards (MMOWA), a national recognition program that celebrates the top 100 wealth advisors and entrepreneurs who contribute significantly to the nation’s financial growth. Unlike standard certification programs, MMOWA is a merit-based recognition, focusing on achievement, ethics, and impact in the financial services sector.
Who is MTPN?
The National Consumer Action Council (MTPN) is Malaysia’s leading consumer protection organization. With its mandate to safeguard public interest, MTPN works across industries to raise awareness, set ethical standards, and ensure that Malaysian consumers are not exposed to fraud or misrepresentation. Its collaboration with IFCCI brings consumer protection and professional financial certification under one roof, creating a unique safeguard system for Malaysia’s financial future.
The Role of IFCCI
The International Financial Consultant Certified Institute (IFCCI) is a non-profit academic body focused on education, research, and certification. IFCCI has introduced structured certification systems such as the Diploma in Financial Market Analysis (DFMA) and the Certified Financial Trader (CFT) exam to strengthen financial literacy and raise professional standards. Through its collaboration with MTPN, IFCCI adds credibility and academic rigor to national-level recognition like MMOWA.
Why MMOWA Matters
The Malaysia Most Outstanding Wealth Advisor Awards (MMOWA) goes beyond titles—it is a benchmark of trust and merit. By recognizing financial professionals across nine key fields, including wealth planning, insurance, real estate, corporate finance, and capital markets, MMOWA ensures that consumers can identify and trust advisors who have been evaluated not only for performance but also for ethical behavior and long-term impact.
Bernama’s coverage of this collaboration shines a spotlight on the growing need for education, certification, and consumer protection to work hand in hand. As scams and fraud continue to threaten Malaysian wealth, initiatives like MMOWA, supported by MTPN and IFCCI, represent a vital shield for society.
👉 Read the full Bernama release here(https://mrem.bernama.com/viewsm.php?idm=52061)
