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Last modified: 12/10/2015 02:03 PM |

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by: i:0#.w|bnmof\mohayazeed_jasni

  


AUTORITI MONETARI BRUNEI DARUSSALAM

APPLICATION FOR MONEY-CHANGER'S LICENCE 2018

 

Autoriti Monetari Brunei Darussalam (AMBD) invites members of the public who are interested to apply for a money-changer's licence to operate in Brunei-Muara, Belait or Temburong District to submit an application to AMBD. Applicants must satisfy the minimum requirements for the application of a money-changer's licence which amongst others include the following:

  1. Applicants must be citizens of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam;
  2. Applicants must be 18 years old and above;
  3. Applicants must possess at least 4 GCE 'O' Level Credit passes including Bahasa Melayu, English language and Mathematics, and have a minimum of 1-year working experience/business experience;
  4. Applicants must demonstrate good character to AMBD's satisfaction;
  5. Applicants must have the ability to provide adequate business capital to operate the money-changing business; and
  6. Applicants must not be an undischarged bankrupt or a person in respect of whom a bankruptcy proceeding is pending in Court.
For further information regarding application requirements, please visit AMBD's website at www.ambd.gov.bn and AMBD App which can be downloaded via the 'AppleStore' and 'Google Playstore'.

Application forms can be collected from the Regulatory and Supervision Department, AMBD, 7th Floor, Ministry of Finance Building, Commonwealth Drive, Bandar Seri Begawan BB3910, Brunei Darussalam during office hours or downloaded from the AMBD website.

Each applicant must submit a completed application form, with the required documents, along with a payment of BND200.00 (non-refundable) in cash to the above address.

Applications should be received by AMBD not later than Wednesday, 6 June 2018 at 2:00 pm.

Only qualified applicants will be notified and will be required to sit for a written test.


For further enquiries, please contact 2382253 or email infomcr@ambd.gov.bn.

Download The Press Release below:-

  • Malay version here
  • English version here

The Minimum Requirements are as attached below:-

  • Malay version here
  • English version here

Download Application Form for Money-Changer's Licence 2018

  


PRESS RELEASE
 OPERATING HOURS FOR AUTORITI MONETARI BRUNEI DARUSSALAM
DURING THE MONTH OF RAMADHAN 1439H

  1. Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public that it will be closed on the first day of Ramadhan, Thursday, 17th May 2018 and will resume its operations on Friday, 18th May 2018. The closure also includes the Currency Gallery, Credit Bureau Customer Service Counter and other AMBD counter services, as well as the Real Time Gross Settlement (RTGS) System and the Automated Clearing House (ACH) System.
     
  2. AMBD would also like to inform the public on AMBD's operating hours for the month of Ramadhan 1439H:

    Working hours

    Monday – Thursday: 8.00 am – 3.00 pm

    Friday                            : 7.30 am – 11.30 am

     Currency Gallery

    Monday – Thursday: 8.30 am – 2.00 pm

    Friday                            : 8.30 am – 10.30 am
     
    Credit Bureau Customer Service Counter, Payment Counters dan Other Counter Services

    Monday – Thursday: 8.30 am – 2.00 pm

    Friday                          : 8.00 am – 10.30 am

    RTGS System

    Monday – Thursday: 9.00 am – 2.00 pm

    Friday                            : 9.00 am – 11.00 am

    ACH System

    Monday – Thursday: 8.45 am – 1.45 pm

    Friday                            : 8.45 am – 10.45 am
     
  3. AMBD would like to apologise for any inconvenience caused and wish all Muslims Ramadhan Mubarak.

 

Autoriti Monetari Brunei Darussalam

Date:          30 Sya'ban 1439H/ 16 May 2018M
Reference: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

KNOW YOUR CURRENCY


1.            Autoriti Monetari Brunei Darussalam (AMBD) has recently conducted a talk titled Know Your Currency to various members of retail companies. This talk is part of AMBD's awareness campaign, Know Your Currency.

2.            The campaign aims to educate the public about the Brunei currency, through the security features as well as the Currency Order, 2004. Informed with this knowledge, members of the public will be more aware on the acceptable conduct when dealing with currency, as well as be more vigilant when coming across counterfeit notes.

3.            The talk began with an Introduction to AMBD's roles and responsibilities by Dyg Muizzah binti Md Zakaria, Manager, AMBD, followed by a presentation on Know Your Banknotes conducted by Awg Muhammad Shafei bin Hj Osman, Manager, AMBD. This presentation included the various ways that retailers and cashiers can identify the features of authentic banknotes. The presentation also informed attendees regarding the dos and don'ts when it comes to dealing with Brunei currency, such as do not use the currency as part of a design in an advertisement or a commercial product, without AMBD's permission.

4.            The talk was attended by a number of representatives from invited retail companies, supermarkets, textile companies and fuel station companies. The campaign will continue on through 2018.

5.            For further enquiries and information, members of the public may contact AMBD at 2388388, email info@ambd.gov.bn, download the AMBD App, which can be downloaded from the 'AppStore' and the 'Google Playstore'; or AMBD's website at http://www.ambd.gov.bn; or by following AMBD on Instagram at @autoriti_monetari.

 

Autoriti Monetari Brunei Darussalam

Date:  25 Syaaban 1439H / 11 Mei 2018H

Reference: AMBD/COMMS/3


Download Malay version here

Download English version here

  

AMBD and MAS.JPG

Joint Press Release

Singapore and Brunei Darussalam Enhance Cooperation in Financial Innovation

 

Bandar Seri Begawan, 12 May 2018… The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore.

2.            The FinTech CA will facilitate the sharing of information on emerging FinTech trends and developments, and promote joint innovation projects between both countries. It will also establish a framework for both authorities to provide support for FinTech companies to better understand the regulatory regime and opportunities in each jurisdiction.

3.            Beyond the FinTech CA, AMBD and MAS will also work together to enhance the retail payment ecosystem between Brunei Darussalam and Singapore. Both authorities will be guided by a cooperation framework that will provide mutual benefits to businesses and consumers in the two countries.  

4.            The signing took place during the State Visit of the President of the Republic of Singapore, Mdm Halimah Yacob, to Brunei Darussalam, and was witnessed by both President Halimah and His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam.

5.            Signing on behalf of AMBD was Managing Director Yang Mulia Yusof bin Hj Abd Rahman of AMBD, while MAS was represented by Deputy Managing Director Jacqueline Loh.

 

Autoriti Monetari Brunei Darussalam

Date:    Sya'aban 1439H/     May 2018M

Ref: AMBD/COMMS/3


About the Monetary Authority of Singapore

As Singapore's central bank, the Monetary Authority of Singapore (MAS) promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore's exchange rate, official foreign reserves, and liquidity in the banking sector. As Singapore's integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education. MAS works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

 

About the Autoriti Monetari Brunei Darussalam

Autoriti Monetari Brunei Darussalam (AMBD) acts as Brunei Darussalam's central bank. AMBD continuously aims to commit to the achievement and maintenance of a sound and dynamic financial system through the implementation of measures and execution of financial sector reforms in line with the national economic development objectives. These include ensuring the stability of domestic prices and the financial system –by formulating financial regulations and prudential standards; assisting in the establishment and functioning of efficient payment systems –and to oversee them; and to foster and develop a sound and progressive financial services sector. These are achieved through three core functions, chief of which is the formulation and implementation of monetary policies, the regulation and supervision of financial institutions as well as currency management.

 

For media queries, please contact:

Bridgitte Lee

Assistant Director (Communications)

Monetary Authority of Singapore

Tel: +65 62299262

Email: bridgitte_lee@mas.gov.sg

 

Nurhuaida Damit

Head (Corporate Communications)

Autoriti Monetari Brunei Darussalam

Tel: +673 2384227

Email: nurhuaida.damit@ambd.gov.bn


Download Malay version here

Download English version here

  

PRESS RELEASE

MEMORANDUM OF UNDERSTANDING BETWEEN

FINANCIAL INTELLIGENCE UNIT, AUTORITI MONETARI BRUNEI DARUSSALAM AND

SUSPICIOUS TRANSACTION REPORTING OFFICE, COMMERCIAL AFFAIRS DEPARTMENT,

SINGAPORE POLICE FORCE

Saturday, 26th Sya'aban 1439 corresponding to 12th May 2018

 

1.                  The Financial Intelligence Unit, Autoriti Monetari Brunei Darussalam (FIU, AMBD) signed a Memorandum of Understanding (MOU) with the Suspicious Transaction Reporting Office, Commercial Affairs Department, Singapore Police Force (STRO) today, 26th Sya'aban 1439 corresponding to 12th May 2018.

2.                  The signing of the MOU was witnessed by His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam and Her Excellency Madam Halimah Yacob, President of the Republic of Singapore, during the President's State Visit to Brunei Darussalam.

3.                  Signing on behalf of AMBD was Yang Mulia Yusof bin Hj Abd Rahman, the Managing Director of AMBD, and  Mr David Chew Siong Tai, the Head of the Financial Intelligence Unit, STRO, signed on behalf of the STRO.

4.                  Under the MOU, both agencies agree to cooperate in the exchange of financial intelligence that may assist in the investigation and prosecution of persons suspected of money laundering and terrorism financing. This marks the strong commitment of both agencies in the global fight against money laundering and terrorism financing.

5.                  The MOU with STRO is the sixth that FIU, AMBD has signed. Current MOUs include those signed with the Financial Intelligence Units of Malaysia, Indonesia, South Korea, Bangladesh and Cambodia.

6.                  The signing of MOUs with other Financial Intelligence Units is in line with the Principles of Information Exchange of the Egmont Group, the global organisation of international Financial Intelligence Units. FIU, AMBD became a member of the Egmont Group in June 2014 and STRO became a member in December 2000.

7.                  In addition, the signing of MOUs is an important step towards complying with international standards on anti-money laundering and combating the financing of terrorism, in particular the Financial Action Task Force Recommendation 29.

8.                  FIU, AMBD and STRO are the central agencies in Brunei Darussalam and Singapore respectively for receiving, requesting, analysing, and disseminating disclosures of suspicious transaction reports and other information related to money laundering and terrorism financing.

 

Autoriti Monetari Brunei Darussalam

Date: 26 Sya'aban 1439/ 12 May 2018

Ref No: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SHORT-TERM SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (May 2018) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 157th issuance of short-term Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND100 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
15710 May 201809 August 201991 Days1.000%

 

With this issuance, the Brunei Government has thus far issued over BND 11.91 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 10th May 2018 stood at BND 332.4 million.

Download PDF here

  

PRESS RELEASE

IMPLEMENTATION OF SECTION 39 CRIMINAL ASSET RECOVERY ORDER, 2012,

CONCERNING REPORTS ABOUT TRANSPORTATION OF PHYSICAL CURRENCY AND BEARER NEGOTIABLE INSTRUMENT BY CARGO, COURIER OR POSTAL SERVICES

 

1.                   The Criminal Asset Recovery Order (CARO), 2012, imposes measures for the disclosure of information regarding movements of physical Currency and Bearer Negotiable Instruments (CBNI) into and out of Brunei Darussalam for the purposes of detecting, investigating and prosecuting any offence involved under money laundering and related offences.

2.                   In accordance with Section 39 CARO, 2012, any person sending or receiving CBNI amounting to BND 15,000 or more, or in equivalent amount in foreign currency, into or out of Brunei Darussalam either by cargo, courier or postal services, are required to submit a report to Autoriti Monetari Brunei Darussalam (AMBD).

3.                   A complete and accurate report is required to be submitted directly to AMBD's Financial Intelligence Unit, no later than 5 working days after the date of receipt or transmission of the CBNI.

4.                   Failure to provide a full and accurate report may be subject to a fine not exceeding BND 50,000, imprisonment for a term not exceeding 3 years, or both, under CARO, 2012.

5.                   Implementation of reporting CBNI movements by cargo, courier or postal services is effective 1 May 2018.

6.                   The CBNI form is available at post office branches, cargo and courier companies, or can be downloaded from AMBD's website at http://www.ambd.gov.bn.
 

Autoriti Monetari Brunei Darussalam

Ref No: AMBD/COMMS/

Date:    15 Sya'aban 1439/ 1 May 2018


Download Malay version here

Download English version  here

  


PRESS RELEASE

AUTORITI MONETARI BRUNEI DARUSSALAM REITERATES POSITION ON CRYPTOCURRENCIES

 

1.                   Autoriti Monetari Brunei Darussalam (AMBD) has previously issued a statement on cryptocurrencies on 4 Rabiulakhir 1439H/ 22 December 2017M.

2.                   AMBD would like to remind the public that whilst cryptocurrencies are not legal tender in Brunei Darussalam and are not regulated by AMBD, the activities surrounding them could be regulated if they fall under any of the activities regulated in the relevant legislations under AMBD's purview. This may include, but is not restricted to, providing financial services to the public in the form of taking of deposits, extension of loans, remitting funds across the border, foreign exchange services, and the issuance of securities.

3.                   Individuals or companies that seek to conduct commercial activities that are related to cryptocurrencies should seek independent legal advice on whether the activity falls within the relevant legislations under the purview of AMBD.

4.                   Members of the public should be vigilant and exercise extreme caution when dealing with cryptocurrencies and understand the risks associated with them. AMBD plays a vital role in protecting the public interest and the integrity of Brunei Darussalam's financial system.

5.                   AMBD will also continuously monitor the developments surrounding cryptocurrencies, by balancing the need to foster innovation and the need to protect the public.

6.                   For further enquiries and information, members of the public may contact AMBD at 2388388, email info@ambd.gov.bn, download the AMBD App, which can be downloaded from the 'AppStore' and the 'Google Playstore'; or AMBD's website at http://www.ambd.gov.bn; or by following AMBD on Instagram at @autoriti_monetari.

 

Autoriti Monetari Brunei Darussalam

Date:   8 Sya'aban 1439H/   24 April 2018M

Ref: AMBD/COMMS/3

Download Malay version here

Download English version  here

  

 

PRESS RELEASE

SEACEN COURSE

ON INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) RISKS IN BANKS

Bandar Seri Begawan, Brunei Darussalam

Monday, 7 Sya'aban 1439 Corresponding To 23 April 2018

 

1. Autoriti Monetari Brunei Darussalam (AMBD), in cooperation with the South East Asian Central Banks Research and Training Centre (SEACEN), organised the SEACEN Course on Information and Communication Technology (ICT) Risks in Banks from Monday, 23rd to Friday, 27th April 2018 at The Rizqun International Hotel, Gadong.

2. The course will focus on multiple risks faced by banks and financial institutions in the ICT sphere, and cover concepts and mechanics of ICT Risk Assessment, the impact of FinTech disruption, cyber threats, and cybersecurity.

3. This course is designed to provide participants with a common framework, including procedures and methodologies for the assessment of ICT risks in banks and financial institutions and will act as a platform for in-depth discussion among participants on the subject.

4. Forty-two participants from various regional and international Central Banks, including officers from AMBD are currently attending this course.

5. The SEACEN Centre was first established as a legal entity in 1982 with eight member central banks/monetary authorities which has since grown to twenty members in 2014. Since its inception in the early 1980's, The SEACEN Centre has established its unique regional position in serving its membership of central banks in the Asia-Pacific region through its learning programmes, research work, and networking and collaboration platforms for capability building in central banking knowledge. 

 SEACEN Course ICT Risks in Banks.jpg

Autoriti Monetari Brunei Darussalam

Date: 7 Sya'aban 1439 / 23 April 2018

Ref: AMBD/SEACEN/2018

Download Malay version here

Download English version here

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SHORT-TERM SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (April 2018) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 156th issuance of short-term Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND100 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
15612 April 201812 July 201891Days0.9375%

 

With this issuance, the Brunei Government has thus far issued over BND 11.81 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 12th April 2018 stood at BND 332.4 million.

Download PDF here

  


PRESS RELEASE

AMBD ALERT LIST HAS BEEN UPDATED

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) would like to inform members of the public that the AMBD Alert List has been updated.

2.       The AMBD Alert List is a list of individuals, companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by AMBD or whose activities raise a suspicion of illegal financial activity. This list is without prejudice to any further assessment by AMBD regarding the activities of the companies concerned.

3.       AMBD would also like to inform the public that the following companies have been included in the Alert List for months of January until March 2018:

  1. United Formula Company;
  2. Makkah Islamic Hotel;
  3. Brunei Loan Sdn Bhd / Trust Loan Financial Company; and
  4. Water Beaute World Bhd.

4.       To access the Alert List, as well as the list of persons and institutions licensed by AMBD, members of the public may visit AMBD's website at http://www.ambd.gov.bn.

5.       AMBD remains committed to the financial stability of Brunei Darussalam, and to safeguarding Brunei Darussalam's financial system and the interests of financial consumers. AMBD will also continue to actively monitor any unlicensed financial activities in Brunei Darussalam. If the public have any information on unlicensed financial activities and services, please contact AMBD at 2380007 or email us at fci@ambd.gov.bn.

 

 

Autoriti Monetari Brunei Darussalam

Date: 23 Rejab 1439/ 10 April 2018

Reference: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

SIGNING FOR THE PARTICIPANT SERVICE AGREEMENT

BETWEEN AUTORITI MONETARI BRUNEI DARUSSALAM AND

BANK USAHAWAN

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) recently signed a Participant Service Agreement on the collaboration of credit information exchange with Bank Usahawan. Bank Usahawan is a company incorporated in Brunei Darussalam that aims to support the Micro, Small and Medium Enterprises (MSMEs) in Brunei by offering financing facilities in compliance with the Syariah concept, and to facilitate the MSMEs' access to financial services. 

2.       Signing for AMBD was Yang Mulia Awang Yusof bin Haji Abd Rahman, Managing Director while Bank Usahawan was represented by Mr. Udo Schedel, Chief Executive Officer. Witnessing the signing ceremony were Yang Mulia Awang Mohammed Roaizan bin Haji Johari, Assistant Executive Director (Credit Bureau) of AMBD and Mr. Ahmad Alani, Senior Duties Officer of Bank Usahawan.

3.       The Participant Service Agreement provides the provision for the Bank Usahawan to submit credit information of MSMEs that have obtained financing from Bank Usahawan to the Credit Bureau of AMBD.  In turn, the Agreement also enables the Bank Usahawan to obtain credit reports provided by the Credit Bureau, which will be used specifically to assist the Bank Usahawan in assessing the creditworthiness of the MSMEs applicants.  The underlying objective of this collaboration is to provide the Bank Usahawan with a better assessment tool in determining the suitability or appropriateness of the type of financing that will be extended to the MSMEs, considering their capability and capacity to commit to the financing.

4.       To date, the data providers of the Credit Bureau consist of all the licensed banks, finance companies and the Islamic Trust Fund in Brunei Darussalam. The Credit Bureau also receives data regarding outstanding bills from telecom and utility service providers in Brunei Darussalam, namely DST Communications Sendirian Berhad, Telekom Brunei Berhad, Progresif Cellular Sendirian Berhad, and the Department of Electrical Services. The Credit Bureau has recently signed a similar agreement with the Housing Development Department (HDD) of the Ministry of Development, to provide holistic information on the financial standing of the National Housing Scheme applicants.

5.       For further information on the Credit Bureau of AMBD, please visit http://www.ambd.gov.bn/birokredit or email birokredit@ambd.gov.bn.

 
Autoriti Monetari Brunei Darussalam

Date: 15 Rejab 1438 / 2 April 2018

Reference: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

AMBD HOSTS 44TH MEETING OF THE TECHNICAL COMMITTEE OF

THE ISLAMIC FINANCIAL SERVICES BOARD (IFSB)

Bandar Seri Begawan, Brunei Darussalam

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) recently hosted the 44th Meeting of the Technical Committee of the Islamic Financial Services Board (IFSB), organized by the IFSB at The Rizqun International Hotel, Bandar Seri Begawan.

2.       The meeting was chaired by Mr. Khalid Omar Al-Kharji from the Central Bank of the United Arab Emirates. It was attended by Dr. Bello Lawal Danbatta, the Secretary-General of the IFSB, and representatives from the IFSB members of regulatory and supervisory authorities from around the globe.  

3.       In line with IFSB's mandate in ensuring the soundness and stability of the Islamic financial services industry, the meeting focused on strategies to promote the development of a prudent and transparent Islamic financial services industry through the introduction of new, or adapting existing, international standards, consistent with Syariah principles.

4.       AMBD is a Full and Council Member of the IFSB. As of December 2017, the 185 members of the IFSB comprised of 75 regulatory and supervisory authorities, 8 international inter-governmental organizations, and 102 market players including financial institutions, professional firms, industry associations and stock exchanges, operating in 57 jurisdictions.

 

Autoriti Monetari Brunei Darussalam

Date: 8 Rejab 1439H / 26 March 2018M

Ref: AMBD/COMMS/3

Download Malay version here

Download English version  here

  

ASEAN.jpg

SCD/MR/2018 - 20

                                                                                                              

MEDIA RELEASE

Da Nang, Viet Nam - 19 March 2018

 

ASEAN Capital Market Regulators Welcome the Progress of the ASEAN Green Bond Standards and Agree to Implement Professional Mobility Framework to Drive Regional Connectivity

 

The ASEAN Capital Markets Forum (ACMF) welcomed the progress achieved by the ASEAN Green Bond Standards at its meeting today. Since its launch in November 2017, the ASEAN Green Bond Standards have gained encouraging traction and there have been three issuances from Malaysia and Singapore carrying the ASEAN Green Bond label. The first sovereign sukuk in ASEAN issued by Indonesia is aligned with the ASEAN Green Bond Standards.

The progress of the ASEAN Green Bond Standards demonstrates the region's increasing emphasis on sustainable financing and underscores the capacity of the ASEAN Green Bond Standards in providing guidance to issuers on issuing green bonds and investors with a credible reference point.

The meeting also welcomed the hosting of the first ACMF ASEAN Green Bond Standards Roundtable by the State Securities Commission of Viet Nam (SSC Viet Nam) to engage with market participants including banks, securities firms and fund management companies, on the adoption of the ASEAN Green Bond Standards. Similar ACMF Roundtables will be held throughout the region to raise awareness as well as to encourage greater adoption of the ASEAN Green Bond Standards.

The ACMF also agreed to carry out a series of engagements with market participants on further developing the cross border offering of ASEAN collective investment schemes (CIS) to complement the recently enhanced ASEAN CIS framework.

The ACMF commended the pilot initiative to connect the stock markets of Malaysia and Singapore which could act as a template for future connectivity amongst ASEAN stock markets.

The meeting also endorsed the ACMF Professional Mobility framework to facilitate the cross-border movement of investment advisers and the publishing of research reports. ACMF will formalise the arrangements in the second half of 2018.

The ACMF noted the extension of the ASEAN Debt Securities Disclosure Standards to cover issuances of plain debt securities under a debt issuance programme.

The ACMF would like to extend its appreciation SSC Viet Nam for hosting the 28th ACMF meeting and the inaugural ASEAN Green Bond Standards Roundtable, and acknowledged the support of the Asian Development Bank in many of ACMF's initiatives, particularly in relation to the ACMF Market Development Programme.

-END  -

 

Note-to-Editors:

About the ACMF

  • The ACMF is a high-level grouping of capital market regulators from all 10 ASEAN jurisdictions, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Viet Nam. The ACMF is currently chaired by the Securities Commission Malaysia.
  • The ASEAN Economic Community (AEC) was established in 2015 and is a major milestone in the regional economic integration agenda. ASEAN has a combined population of over 622 million people and in 2014, was collectively the third largest economy in Asia and the seventh largest in the world.
     
  • More information on the ACMF and its initiatives can be found at the ACMF website www.theacmf.org.

     

For media queries, please contact:

Securities Commission Malaysia

Lau Mei San

Strategic Communications Department

Mobile  : +6019 3332127

Email   : mslau@seccom.com.my

​Delyana Nordin

Strategic Communications Department

Mobile  : +6012 2072787

Email   : delyanan@seccom.com.my

 

  


PRESS RELEASE

 

HIS ROYAL HIGHNESS

PRINCE HAJI AL-MUHTADEE BILLAH, DEPUTY SULTAN

ATTEND THE FOUNDATION LAYING CEREMONY OF

THE AUTORITI MONETARI BRUNEI DARUSSALAM BUILDING


BANDAR SERI BEGAWAN, NEGARA BRUNEI DARUSSALAM

SATURDAY, 29 JAMADILAKHIR 1439 CORRESPONDING TO 17 MARCH 2018

 

1.    His Royal Highness Prince Haji Al-Muhtadee Billah ibni His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah, the Deputy Sultan, this morning attended the Foundation Laying Ceremony of the Autoriti Monetari Brunei Darussalam's (AMBD) Building on Saturday, 29 Jamadilakhir 1439 corresponding to 17 March 2018.

2.    Upon arrival at the Foundation Laying Project Site of the AMBD's Buliding in Jalan Menteri Besar, Kampung Melabau, Mukim Kianggeh, His Royal Highness was greeted by Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs as Deputy Chairman of AMBD's Board of Directors; Yang Berhormat Dato Seri Paduka Awang Haji Abdul Mokti bin Haji Mohd Daud, Minister at the Prime Minister's Office;. Also in attendance were Yang Berhormat Dato Paduka Awang Haji Hamzah bin Sulaiman, Minister of Education; Yang Mulia Dato Paduka Awang Ahmaddin bin Haji Abd Rahman, Acting Minister of Finance II; other members of AMBD's Board of Directors, as well as AMBD's officers and staff.

3.    The Ceremony began with the recitation of Surah Al-Fatihah and a Doa Selamat led by Yang Berhormat Pehin Orang Kaya Paduka Seri Utama Dato Paduka Seri Setia Haji Awang Salim bin Haji Besar.

4.    This was followed by welcoming remarks by Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs, as Deputy Chairman of AMBD's Board of Directors.

5.         Later His Royal Highness then proceeded to officiate the Foundation Laying Ceremony of the AMBD's Building, followed by signing of the Commemmorative Plaque in commemoration of the Foundation Laying Ceremony of AMBD's Building.

6.         His Royal Highness then proceeded to view the exhibition illustrating  milestones for the construction of the building project and then consented to joined a group photo with members of AMBD's Board of Directors.

7.         Prior to departure, His Royal Highness had light refreshments.

8.         The AMBD's Building Project will include the construction of the main building, the currency gallery and a multi-purpose hall. AMBD's headquarters  is currently situated at the Ministry of Finance Building, Commonwealth Drive. 

9.         In February 2016, nine architect firms were invited to compete in designing the AMBD building, where the assessment for the competition was made based on criteria, such as Design; Creativity; Concept Sustainability; Aesthetics; and Functionality.
10.     OWMP International, the appointed Leading Architect, together with several other local consultants, designed a modern classical concept of the AMBD building, with unique features symbolizing the significant role of AMBD in ensuring the stability of the country's financial system.

11.     The building complex is approximately 22 thousand square meters located on a 16-acre land. Jalan Menteri Besar in Kampung Melabau, Mukim Kianggeh. The groundwork for the building site has commenced in November 2017 and the construction of the main buidling is expected to be completed by early 2020.

 
Autoriti Monetari Brunei Darussalam

Tarikh: 29 Jamadilakhir 1439 / 17 March 2018

Ruj No: AMBD/COMMS/3

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PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SHORT-TERM SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (March 2018) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 155th issuance of short-term Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND50 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
1558 March 20187 March 2019364 Days1.1875%

 

With this issuance, the Brunei Government has thus far issued over BND 11.71 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 8th March 2018 stood at BND 382.4 million.

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The Autoriti Monetari Brunei Darussalam (AMBD) is pleased to invite suitably qualified applicants to apply for the following position:

General Requirements:

  • Applicants for the positions must be citizens of His Majesty the Sultan and Yang Di-Pertuan Negara Brunei Darussalam;
  • Strong communication and analytical skills with good organizational and planning skills coupled with high capability in report writing; and
  • Be fluent in oral & written Malay and English as well as being IT literate.

ADMINISTRATIVE ASSISTANT [S4]

To provide assistance to daily operations of units within AMBD.

MAIN RESPONSIBILITIES:

  • To provide general administrative and clerical duties;
  • To receive, sort and distribute any incoming correspondence;
  • To prepare or modify any forms of documents when instructed;
  • To dispatch documents / parcels to relevant parties when instructed;
  • To assist in scheduling and coordinate meetings, appointments and travel arrangements;
  • To manage office supplies for the unit; and
  • To entertain enquiries from internal or external clients.
MINIMUM REQUIREMENTS:
  • Possess a minimum of 5 GCE 'O'-Level credits with a credit in Malay Language;
  • Having good GCE 'A' Level qualifications or/and a National Diploma is an advantage;
  • Having work experience in administration or its equivalent  is an advantage; and
  • Good mathematical skills.
     

Interested applicants are requested to submit online only through Online Job Application Form (NO physical submissions or submissions sent via email will be entertained) and the following items:- 1) Application form; 2) a full resume; 3) a recent passport-sized photograph; 4) a copy of your IC; and 5) only copies of relevant academic certificates.

Applications should be received by AMBD not later than 12.00 noon on Tuesday, 13th March 2018.

For any enquiries, please contact us at hcd.recruitment@ambd.gov.bn

ONLY SHORTLISTED CANDIDATES WILL BE NOTIFIED

  


PRESS RELEASE

15TH SENIOR LEVEL COMMITTEE ON ASEAN FINANCIAL INTEGRATION (slc) 2018

Bandar Seri Begawan, Brunei Darussalam

Tuesday, 4 Jamadilakhir 1439 Corresponding To 20th February 2018

  1. Autoriti Monetari Brunei Darussalam (AMBD) hosted the 15th Senior Level Committee on the Association of South East Asian Nations (ASEAN) Financial Integration (SLC) 2018, on Tuesday 20th February 2018 at The Empire Hotel and Country Club, Jerudong. The meeting was jointly chaired by Dr Perry Warjiyo, Deputy Governor, Bank Indonesia and Dr Diwa Guinigundo, Deputy Governor, Bangko Sentral ng Pilipinas

  2. The ASEAN SLC meeting is a senior-level meeting attended by Deputy Governors and senior officials representatives from all ASEAN member states. The meeting focused on issues pertaining to the progress of ASEAN financial integration initiatives under the ASEAN Economic Community (AEC) 2025.
     
  3. The vision of AEC 2025 is to have a more resilient ASEAN economy that is highly integrated, cohesive, competitive, innovative and dynamic; while remaining united with enhanced role and voice in global economic fora in addressing international economic issues. AEC is envisaged to have enhanced connectivity with sectoral cooperation to improve regional frameworks through strategic sectoral policies. AEC aimed to build people-oriented, people-centred communities for equitable development and inclusive growth through various regional initiatives and projects that offer greater economic opportunities to support poverty eradication.

 

Autoriti Monetari Brunei Darussalam

Date: 4 Jamadilakhir 1439H / 20 February 2018M

Ref: AMBD/COMMS/3

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PRESS RELEASE

THANKSGIVING PRAYER CEREMONY IN CONJUNCTION WITH

HIS ROYAL HIGHNESS PRINCE HAJI AL-MUHTADEE BILLAH IBNI

HIS MAJESTY SULTAN HAJI HASSANAL BOLKIAH MU'IZZADDIN WADDAULAH'S

44th BIRTHDAY

Monday, 3 Jamadilakhir 1439 corresponding to 19 Februari 2018

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) held a Thanksgiving Prayer Ceremony in conjunction with His Royal Highness Prince Haji Al-Muhtadee Billah ibni His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah's, Senior Minister at the Prime Minister's Office, in His Royal Highness' capacity as the Chairman of AMBD, 44th Birthday, today, 3 Jamadilakhir 1439H corresponding to 19 Februari 2018M.

2.       The ceremony was held at the Suri Seri Begawan Raja Pengiran Anak Damit Mosque, Kampung Manggis/Madang. Present during this ceremony were Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs as Deputy Chairman of AMBD's Board of Directors; other members of the AMBD Board of Directors as well as AMBD officers and staff.

3.       The ceremony began with the Asar prayers followed by the recitation of Surah Yassin and Doa Kesyukuran led by YM Imam Hj Jufri bin Hj Abidin.

 

Autoriti Monetari Brunei Darussalam

Tarikh :                 3 Jamadilakhir 1439 / 19 Februari 2018

Rujukan :             AMBD/COMMS/3

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PRESS RELEASE

ASIA/PACIFIC GROUP REGIONAL PRE-MUTUAL EVALUATION TRAINING WORKSHOP

26 - 28 Jamadilawal 1439 corresponding to 12 - 14 February 2018

 

1.                   Brunei Darussalam is hosting the Asia/Pacific Group Pre-Mutual Evaluation Training Workshop which started today, 26 Jamadilawal 1439H corresponding to 12 February 2018M until 28 Jamadilawal 1439H corresponding to 14 February 2018M, at the Rizqun International Hotel, Gadong.

2.                   This workshop is facilitated by representatives from the Asia/Pacific Group on Money Laundering (APG), and is aimed primarily for APG member countries who will undergo the Mutual Evaluation process for the period of 2018 – 2020. Participants for this workshop consist of government representatives from Brunei Darussalam, Chinese Taipei, Pakistan, Papua New Guinea, the Republic of the Philippines, Solomon Islands, Tonga, and Vietnam. 
3.                   The APG is a regional anti-money laundering body consisting of 41 member countries within the Asia-Pacific region, with Brunei Darussalam becoming a member in 2002. All member countries are committed towards undergoing the Mutual Evaluation process, which is a mutual peer review system to determine the levels of compliance with the international anti-money laundering and combating the financing of terrorism standards. 

4.                   Brunei Darussalam will undergo the third round of Mutual Evaluation in 2020. Preparations towards this rigorous assessment is spearheaded by the National Anti-Money Laundering and Combating the Financing of Terrorism Committee (NAMLC).  

 

Autoriti Monetari Brunei Darussalam

Date: 26 Jamadilawal 1439/ 12 February 2018

Ref No: AMBD/COMMS/3

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