Singapore says determined to respond to financial crime risks
SINGAPORE, June 26 — Singapore faces greater money laundering and terrorism financing risks than other countries because it is an international finance and business hub,...
Financial planners should report suspicious activities to authorities — Police
KUALA LUMPUR, May 8 — Financial planners need to carry out their duty to report any suspicious activities that might be linked to money laundering...
Singapore’s Central Bank launches Cosmic to fight financial crime
SINGAPORE, April 1 — The Monetary Authority of Singapore (MAS) has launched Cosmic, the first centralised digital platform to facilitate sharing of customer information among...
Quantum Metal not licensed by BNM, must implement anti-financial crime measures
KUALA LUMPUR, Jan 22 — As a reporting institution, Quantum Metal Sdn Bhd (QMSB) is obliged to undertake measures to prevent its activities from being misused...
Malaysia’s economy remains resilient — BNM Governor
KUALA LUMPUR, Oct 3 — Malaysia’s economy remains resilient anchored by domestic-oriented activities and will continue to be supported by labour market conditions and investments moving into next...
Banks to implement BNM’s five key measures to fight financial scams
KUALA LUMPUR, Sept 27 — Three associations representing the local banking industry are in full support of the five key measures to combat financial scams...