PETALING JAYA: The acceleration of digitalisation has intensified the risks of money laundering, terrorism financing and proliferation financing in the financial industry.
Bank Negara deputy governor Marzunisham Omar (pic) said the rapid change in technology sometimes results in anti-money laundering, combating the financing of terrorism and countering proliferation financing (AML/CFT/CPF) measures undertaken by authorities to be reactive.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
