Autoriti Monetari Brunei Darussalam (AMBD) yesterday announced that the AMBD Alert List has been updated to include three more individuals, companies or entities.
These are: JAA Lifestyle; Khalifa BHH (FB Profile) (7312759); and Siti Hardiana (8879442) / Tarik Gaji (Invest 2020) / Invest PusingLagi / Company Eljojo / Invest Syarikat Fazfar Enterprise.
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 a suspicion of illegal financial activity.
This list is without prejudice to any further assessment by AMBD, regarding the activities of the companies concerned.
To access the Alert List, as well as the list of persons and institutions licensed by AMBD, members of the public may visit https://www.ambd.gov.bn/consumer/ambd-alert-list.
“AMBD would like to remind the public to not deal with any entities or individuals carrying out or offering unlicensed financial services, or may be perceived as get-rich-quick schemes, or pyramid schemes,” said AMBD in a statement.
“Among the products and services that must be licensed by AMBD includes money changers, money remittance and money lenders.
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.”
AMBD remains committed to the financial stability of Brunei Darussalam, and to safeguarding Brunei Darussalam’s financial system and the interests of financial consumers. AMBD will also continue to actively monitor any suspicious or unlicensed financial activities in Brunei Darussalam.
If the public has any information on unlicensed financial activities, contact AMBD at 2380007 or email [email protected]