Fariq manages compliance matters of Touch ‘n Go to ensure adherence to all applicable laws, regulations and guidelines governing e-money business; implement sound corporate governance standards and practices such as establishment of policy and procedures, instituting delegated authority and clear reporting and structure for Board and Management Committees; provide advice the board, senior management and staff on regulatory matters; and creates awareness and promote compliance structure within the organisation.
His areas of expertise include Audit, Payment Systems, Money Services Business, AML/CFT, Regulatory Compliance and Corporate Governance. He acquired multi-skillset as a well-rounded Central Banker based on his various positions held with BNM as bank examiner, policy makers and operations as well as leadership qualities in steering FIMM as CEO in stakeholders’ management and overseeing strategic matters.
Fariq graduated with a Bachelor of Accountancy (Hons) from UiTM, Malaysia and is a qualified Chartered Accountant and a member of the Malaysian Institute of Accountants. He is also an affiliate member of Asian Institute of Chartered Bankers (AICB), Malaysia.