Autoriti Monetari Brunei Darussalam (AMBD) has added 12 companies and individuals to its watch list as of February 2020.
The entities are AMillennium Holdings Sdn Bhd / Joint Venture (AMillennium Hotels) / Joint Venture (Automotive Solutions); Andy Ong (Facebook Profile); Astro Maybank (Facebook Profile); Bluebirdbn.Home (IG Profile); Brunei Crypto; Crypto Mania Club (CMC) Brunei; LiteFinance Brunei; Lynn Dyana (Facebook Profile); Nurul Nooralifah (7146977); T.A.G Marketing / Triple A Group Marketing / International Consumer Entrepreneurship (I.C.E) / T.A.G Mart; Zuan Zymah (Facebook Profile) and the contact number 8124773.
The AMBD Alert List is a list of individuals, companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by AMBD or whose activities raise suspicion of illegal financial activity.
This list is without prejudice to any further assessment by AMBD regarding the activities of the companies concerned, the central bank said in a statement.
Furthermore, AMBD would like to remind the public to not deal with any entities or individuals carrying out or offering financial services, such as money changer, money remittance and money lender without a license or any activities that raise suspicion of illegal financial activity that may breach the relevant laws under AMBD.
For any involvement in dealing with an unlicensed or unregulated company or individual, members of the public may not have the protection afforded under the regulatory framework administered by AMBD.
The authority remains committed to the financial stability of the country and to safeguarding Brunei’s financial system and the interests of financial consumers.
will also continue to actively monitor any suspicious or unlicensed financial
activities in the sultanate.
If the public have any information on unlicensed financial activities, please contact AMBD at 2380007 or contact them at firstname.lastname@example.org.
To access the Alert List, as well as the list of persons and institutions licensed by AMBD, members of the public may visit its website at http://www.ambd.gov.bn. – Analisa Amu
The Bruneian | BANDAR SERI BEGAWAN