All .my domains are registered under Mynic, an agency under Ministry of Digital and is regulated by Malaysian Communication and Multimedia Commission (MCMC).
On some occassions, users may be interested to register domain names containing the word "bank", "insurance" and others.
These domain names, however, falls under prohibited domain names.
You may still register the domain names, but firstly, you will need to contact Bank Negara Malaysia and get written approval from them to register the domain.
"Section 139(1)(a) of the Financial Services Act 2013 and section 151(1)(a) of the Islamic Financial Services Act 2013 state that except with Bank Negara Malaysia’s prior written approval, no person shall use certain words (bank, Islamic bank, insurance, assurance, takaful, Islamic insurance, Islamic assurance, financial adviser or Islamic financial adviser), any derivatives of such words or any other words in any language, in a person's business name, description or title under which such person carries on business or in the conduct of its business if such usage is capable of being construed as indicating the carrying on of any of the authorised or registered business.
The provisions can be viewed at:
https://www.bnm.gov.my/legislation
Applications to Bank Negara Malaysia should contain details of the applicant (including place of business, description of business activities and/or intended business activities, and group structure and global presence, if applicable), justification for using the word(s) and any documents to support the application. Kindly submit the application to:
Pengarah,
Jabatan Konsumer dan Amalan Pasaran,
Bank Negara Malaysia,
Jalan Dato' Onn,
50480 Kuala Lumpur
Fax: 03-26914086
Email: bnmtelelink@bnm.gov.my
For any further enquiries, please contact Bank Negara Malaysia at 1-300-88-5465 (1-300-88-LINK)."
Note the following prohibitions as well. Domain names must not:
1. By themselves contain country or state names or well-known names such as "Malaysia", "Malacca", "Johore", etc, or the Bahasa Malaysia equivalents such as "Melaka", "Johor", etc.
- These domain names may only be applied by the relevant State authority, or persons who have been duly authorised by the relevant State authority. All applications and/or letters of authorisation must originate from the State Secretary's (Setiausaha Kerajaan Negeri) Office of the relevant State.
2. By themselves contain words in either English or Bahasa Malaysia, that are sensitive to the main religions in Malaysia such as "Islam", "Buddha", "Hindu", "Christianity", etc.
3. By themselves or as part of a label, be obscene, scandalous, indecent, offensive or contrary to Malaysian public norms.
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