Bank Negara imposes penalties on three lenders
The relevant policy documents include Risk Management in Technology Policy Document (RMiT PD) and Anti-Money Laundering Countering Financing of Terrorism and Targeted Financial Sanctions for Financial Institutions Policy Document, the central bank said in a statement yesterday.
Bank Negara said BIMB paid RM1.70mil for the AMP imposed on May 29, for sanction-screening breaches and RM1.745mil for the AMP imposed on June 30, for prolonged service disruptions.
Separately, the central bank said it imposed an AMP of RM2.85mil on Bank Kerjasama Rakyat Malaysia Bhd (BKRM) for non-compliance with the Development Financial Institutions Act 2002 (DFIA) and RMiT PD. It said BKRM paid RM2.85mil for the AMP imposed on June 26.
Apart from that, Bank Negara also said it imposed an AMP of RM995,000 on Bank Simpanan Nasional (BSN) for non-compliance with the DFIA and RMiT PD.
BSN paid RM995,000 for the AMP imposed on June 25, 2025, Bank Negara said. — Bernama
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