The following user application form becomes effective on 22 January 2024. This form will be used for the review, approval and termination process of user account within the COR@L system.
Quarterly Update of COR@L User Listing (Trust Company / Managed Trust Company)
In addition, this serves as a reminder to submit the quarterly user listing update for Trust Companies. Kindly inform ROC promptly on staff resignations or role changes for immediate revocation of user IDs. The quarterly updates regarding the current active users should be sent to ROC at coral@labuanfsa.gov.my. This practice aligns with our ISMS certification (ISO standard) requirement, emphasizing the regular review of access lists. The notification is crucial for maintaining seamless security control over COR@L access to prevent potential unauthorized entry from resigned employees.
Trust companies are strongly encouraged to exercise additional caution, especially concerning user IDs belonging to Trust Officers. Adherence to best practices, such as periodic password changes, is highly recommended.