BANDAR SERI BEGAWAN
Autoriti Monetari Brunei Darussalam (AMBD) has added four more companies into its Alert List as of December 2018.
In a press statement issued today, the central bank said it has added Atlantic Global Asset Management, EO.Trade/EO Trade Asia, GCM Asia and Tickmill Brunei into its watchlist.
The AMBD Alert List is a list of individuals, companies and websites that are neither authorised nor approved under the relevant laws and regulations administered by the authority, or whose activities raise suspicion over illegal financial activities.
The list is made without prejudice to any further assessment by AMBD regarding the activities of the companies concerned. Members of the public can access this watchlist via the central bank’s website.
AMBD in its statement also reminded the public to be aware of unlicensed remittance operators, and to report them immediately to 2380007 or email email@example.com if they came across any.
The central pledge also reassured that it remained committed to ensuring financial stability to the country and will continue to actively monitor any suspicious or unlicensed financial activities in Brunei.