Why are FEP rules applicable to me?

The Foreign Exchange Policy (FEP) rules are a set of foreign exchange rules issued by Bank Negara Malaysia. The FEP rules will apply to you if you have Domestic Ringgit Borrowing(s), your annual investment limit abroad (in US-ETF portfolio) combine with your domestic ringgit borrowings is capped at RM1 million for the calendar year in question.
Please take note that this limit is refreshed every year on 1st January.
Domestic Ringgit Borrowing(s) is defined as having more than 1 car(s) or housing loan(s).