The Malaysian Reserve
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BNM imposes penalties on three companies for non-compliance amounting to RM40,400
(TMRpic) KUALA LUMPUR — Bank Negara Malaysia (BNM) imposed administrative monetary penalties (AMPs) of RM22,000 on Wawasan Ilham (M) Sdn Bhd (WISB) and RM6,900 on SMJ Teratai Sdn Bhd for failing to comply with customer due diligence (CDD) requirements. BNM said it discovered t…
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