KUALA LUMPUR: Financial institutions, enforcement agencies, and regulators must embark on a collective journey that transcends borders, sectors, and ideologies to establish stringent anti-money laundering (AML) and counter-terrorism financing (CTF) protocols to reinvent trust in the context of financial crime and terrorism financing, said the Asian Institute of Chartered Bankers (AICB).
Its chairman, Tan Sri Azman Hashim, said that trust among nations is also essential for sharing intelligence, collaborating on investigations, and harmonising AML and CTF regulations.
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