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Misuse of Name and Logo of Autoriti Monetari Brunei Darussalam


PRESS RELEASE

MISUSE OF NAME AND LOGO OF AUTORITI MONETARI BRUNEI DARUSSALAM (AMBD)

 

1.  It has come to our attention a letter purporting to have been issued by Autoriti Monetari Brunei Darussalam (AMBD) bearing the name and logo of AMBD has gone viral in social media recently.

2.  AMBD wishes to clarify that such letter is not authentic and would like to emphasise the following:

2.1   Any person who uses AMBD's name, symbol, design or representation without its express written permission or uses a name, symbol, design or representation which is identical or resembles AMBD's name, symbol, design or representation thereof as to deceive or cause confusion or to be likely to deceive or cause confusion, is committing an offence under Section 74A of the Autoriti Monetari Brunei Darussalam Order, 2010, which carries a penalty of a fine not exceeding $20,000, imprisonment for a term not exceeding seven (7) years, or both.

2.2  Any person who, whether orally or in writing or by any other means, spreads false reports or makes false statements likely to cause public alarm or despondency, is committing an offence under Section 34 of the Public Order Act, Chapter 148, which carries a penalty of a fine of $3,000 or imprisonment for three (3) years.
 

3.  AMBD would like to advise members of the public to stay vigilant and wary when receiving communication materials purporting to be approved by AMBD through the illegal use of AMBD's name, symbol, design or representation, requesting for payments or personal details. If members of the public receive letters from AMBD which is believed to be false, they may contact AMBD at 2388388 or email

 Ref:        AMBD/COMMS/3

Date:     Rabiulakhir 1441/     Disember 2019

 

Download Malay version here

Download English version here

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