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On 14th Dec 2017, Bank Negara Malaysia (“BNM”) has issued for public consultation an exposure draft on the invocation of reporting obligations on cryptocurrency exchange business as “reporting institutions” under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities…
In the Western countries, Initial Coin Offerings (ICOs) have emerged as a popular new form of fundraising. You need to login to view the rest of the content. Please Login. Not a Member? Join Us
In Malaysia, it is quite common that we come across merchants setting minimum charges for card payments, or even impose a surcharge. Under black letter law, it is legal for them to do so? You need to login to view…
Money laundering is an activity that enables criminals and drug dealers to disguise the proceeds of their crimes so that the fruits of their crimes can be enjoyed without jeopardizing their criminal activities. You need to login to view the…
The role of the central bank in Malaysia is entrusted with Bank Negara Malaysia. You need to login to view the rest of the content. Please Login. Not a Member? Join Us
The underlying principles that govern Islamic banking are mutual risk and profit sharing between parties, the assurance of fairness for all and the transactions are based on an underlying business activity or asset. You need to login to view the…
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