Client Alert

| June 10, 2009

Liberalization of the Malaysian Conventional Insurance and Takaful Markets

A recent announcement on changes to the Malaysian financial services (including insurance) regulatory regime is a further sign of the desire to expand the domestic conventional and Takaful insurance industries and to encourage foreign investment.

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383