Thailand boosts cooperation in fight against money laundering World

Thailand boosts cooperation in fight against money laundering

Thailand's Anti-Money Laundering Office (AMLO) said on September 6 that it is expanding international efforts to cope with sophisticated money laundering through its cooperation with countries in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
Steering committee reviews anti-money laundering work Politics

Steering committee reviews anti-money laundering work

The Anti-Money Laundering Steering Committee convened a meeting in Hanoi on September 3 to discuss activities serving the Asia-Pacific Group on Money Laundering (APG)’s upcoming mutual evaluation of Vietnam’s mechanism to fight money laundering and terrorist financing.
HCM City to combat laundering in real estate Business

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.
Former Malaysian Deputy PM faces 45 counts World

Former Malaysian Deputy PM faces 45 counts

The Kuala Lumpur Court charged former Malaysian Deputy Prime Minister Ahmad Zahid Hamidi with 45 counts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the Malaysian Anti-Corruption Commission (MACC) Act 2009.
Wife of former Malaysian PM arrested World

Wife of former Malaysian PM arrested

Rosmah Mansor, the wife of former Malaysian Prime Minister Najib Razak, was arrested on October 3 by the Malaysian Anti-Corruption Commission (MACC).
Legal framework needed for virtual world Business

Legal framework needed for virtual world

Virtual deals in currency and property are still in their early stages. That’s the message from Minister of Justice Le Thanh Long who feels further study is needed to iron out legal issues in the future.
Vietnam commits to fighting money laundering Society

Vietnam commits to fighting money laundering

The 2015 penal code includes revised articles and supplements to fight money laundering, said Chief Justice of the Supreme People’s Court Nguyen Hoa Binh said at a workshop in the central city of Da Nang on July 9.
Delhi Declaration of ASEAN-India Commemorative Summit Politics

Delhi Declaration of ASEAN-India Commemorative Summit

Leaders of the member states of the Association of Southeast Asian Nations (ASEAN) and India gathered in New Delhi, India, on January 25 to commemorate the 25th anniversary of ASEAN-India Dialogue Relations and issued the Delhi Declaration. Following is the full text of the declaration.
Thailand warns against bitcoin’s risks World

Thailand warns against bitcoin’s risks

The Bank of Thailand (BOT) has said that crypto currencies are not legal tender and it will join hands with the Anti-Money Laundering Office to prevent the illicit use of virtual currency bitcoin.