AMBD updates Alert List

|     Danial Norjidi     |

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

According to a press release, 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.

It was shared that this list is without prejudice to any further assessment by AMBD regarding the activities of the companies concerned.

The press release also stated, “The Begawan Trading Society has been included in the Alert List for the month of November 2018”.

To access the Alert List, as well as the list of persons and institutions licensed by AMBD, the public can visit AMBD’s website at

AMBD stated that it 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 have any informa-tion on unlicensed financial activities, contact AMBD at 2380007 or email at,” the press release stated.