Singapore to stop issuing 1,000 SGD notes World

Singapore to stop issuing 1,000 SGD notes

Singapore will stop issuing 1,000 SGD notes from January 1 next year to reduce money laundering and terrorism financing risks, said the Monetary Authority of Singapore (MAS) on November 3.
ASEAN reviews intra-bloc finance cooperation ASEAN

ASEAN reviews intra-bloc finance cooperation

Finance ministers from ASEAN countries and representatives of international organisations looked into the regional financial situation and development issues during the 24th ASEAN Finance Ministers’ Meeting held online on October 2.
Vietnam calls for stronger cooperation against terrorism Politics

Vietnam calls for stronger cooperation against terrorism

Vietnam condemns terrorism in any form, and calls on all countries to strengthen cooperation, share information on border management and control all risks of terrorist attacks and financing, said Ambassador Dang Dinh Quy, head of the Vietnamese permanent mission to the UN.
Cambodia uncovers 75 money laundering cases World

Cambodia uncovers 75 money laundering cases

Cambodia’s Interior Ministry has so far cracked down on 75 money laundering cases, seized about 8 million USD and confiscated nearly 3,000 vehicles, since the Financial Action Task Force (FATF) placed the country on its grey list a year ago.
Vietnam prioritises counter-terrorism Society

Vietnam prioritises counter-terrorism

Deputy Prime Minister Truong Hoa Binh, head of the Anti-Money Laundering Steering Committee, has urged the Ministry of Public Security to coordinate with the State Bank of Vietnam to provide information and data proving Vietnam’s priority to counter terrorism 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).