AMBD Alert List updated

|     Achong Tanjong     |

AUTORITI Monetari Brunei Darussalam (AMBD) has informed the public that the AMBD Alert List has been updated.

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.

The list is not subject to any further assessment by AMBD, with regard to the activities of the companies concerned, a press statement said.

AMBD would also like to inform the public that the following companies or individuals have been included in the Alert List for the month of December 2018: Bitclub, BruXM, and BlackoutFX.

To access the Alert List and the list of persons and institutions licensed by AMBD, the public may visit AMBD’s website at http://www.ambd.gov.bn.

AMBD remains committed to preserving the financial stability of Brunei Darussalam and safeguarding its financial system as well as the interests of financial consumers. AMBD will also continue to actively monitor any suspicious or unlicensed financial activities in Brunei Darussalam.

Anyone who has information on unlicensed financial activities in the country should contact AMBD at 2380007 or send an email to [email protected]