The qualification of a Corporate Member, subject to the approval of the Board, shall be a Financial Institution whose Board of directors (current and new) is required by BNM to complete the FIDE Programme and has made the payment of an annual subscription fee of RM25,000 per annum.  Financial Institutions means companies or corporations licensed and regulated by Bank Negara Malaysia under the Financial Services Act 2013 and Islamic Financial Services Act 2013 and/or companies or corporations regulated by BNM under the Development Financial Institutions Act 2002 as amended or substituted from time to time.