News Archive
Skip Ribbon Commands
Skip to main content

News Archive

PostDateIcon

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

PostAuthorIcon

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

  

 

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

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 (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.

Download PDF here

  

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

Download Malay version here

Download English version here

  

 

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

Download Malay version here

Download English version here

  


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

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 (February 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 154th 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
1548 February 201810 May 201891 Days0.8750%

 

With this issuance, the Brunei Government has thus far issued over BND 11.66 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 February 2018 stood at BND 432.4 million.

Download PDF  here

  


PRESS RELEASE

AUTORITI MONETARI BRUNEI DARUSSALAM

TO CONDUCT TELEPHONE SURVEY ON FINANCIAL INCLUSION

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public that AMBD will be conducting a telephone survey starting from Monday, 5th February 2018 and is expected to run for four weeks.

  2. The survey is conducted as part of Brunei Darussalam's participation in an ASEAN-wide initiative to measure the level of financial inclusion, including individuals' behaviour in saving and borrowing money, making payments, and managing financial risks.

  3. This survey will be carried out by AMBD staff, who will identify themselves at the start of the survey and the survey aims to sample 700 respondents who will be selected at random. AMBD will only be calling land lines for the survey, and respondents can expect general questions regarding topics, such as bank account ownership, debit/credit card ownership, and spending, saving and borrowing behaviour. AMBD will NOT be asking for personal information, such as  bank account numbers or debit/credit card details. Members of the public may access the full survey from AMBD's website at www.ambd.gov.bn to verify the questions that will be asked.  

  4. The data collected from the study will allow policymakers to monitor the level of financial inclusion in Brunei Darussalam over time, and to aid in policy formulation, addressing areas of concern. Individual responses will be kept confidential.  

  5. AMBD would greatly appreciate the public's kind cooperation to participate in this survey, which should take not more than 30 minutes. Each respondent who successfully completes the survey will be rewarded.

  6. For enquiries and information regarding the survey, members of the public may contact AMBD at 2380007 or 2233371. The public may also contact AMBD if they wish to verify the authenticity of an interviewer.

 

Autoriti Monetari Brunei Darussalam

Date:     16 Jamadilawal 1439H /  2 February 2018M 
Reference: AMBD/COMMS/3


Download Malay version here

Download English version here

Please Click here for Survey Questions

  


PRESS RELEASE

False Information on Brunei Darussalam Currency

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) has recently found that there have been false information circulating among members of the public via social media and text messages concerning the issuance of BND 1,000,000 (One million Brunei Dollars) and a certificate supporting the currency.

2.       AMBD would like to advise members of the public to be cautious and not to be deceived when receiving any information from unofficial sources, particularly on matters relating to monetary policies, currency issuance, and the regulation of financial institutions. Members of the public are also advised not to disseminate any unverified and false information.  

3.       AMBD would also like to remind members of the public that it is against the law to possess forged and counterfeit currency notes and bank notes under the Penal Code (Cap. 22), punishable upon conviction with a fine and imprisonment up to a maximum period of 10 years.  

4.       More information on Brunei Darussalam's currency notes and coins can be obtained through 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: 21 Rabiulakhir 1439H / 8 January 2018M

Ref: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

VIDEO REGARDING COUNTERFEIT BND100 NOTE

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) has recently found a video circulating among members of the public via social media and text messages with regards to a counterfeit BND100 note. 

  2. AMBD, upon investigation, has found that the note was paper and does not have the features of a polymer note, specifically a BND100 polymer note. AMBD would like to share that all Brunei Darussalam's polymer banknotes have distinctive security features. Details of these security features can be found on AMBD's website.  

  3. AMBD would like to remind members of the public that in accordance with section 13 of the Currency Order, 2004, it is an offence for any person to issue any currency notes and coins, or any document or token, which resembles or is likely to pass as legal tender, and shall be liable upon conviction to a fine and imprisonment of maximum 15 years. 

  4. It is also against the law to possess forged and counterfeit currency notes and bank notes under the Penal Code (Cap. 22), punishable upon conviction with a fine and imprisonment up to a maximum period of 10 years.  

  5. AMBD would like to remind the public to be vigilant, and to report any suspicious currency or bank notes to the Royal Brunei Police Force (RBPF) or AMBD. 

  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.

 

Date : 26 Rabiulakhir 1439H / 13 January 2018M

Reference :  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 (January 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 153rd 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
15311 January 201812 April 201891 Days0.8750%

With this issuance, the Brunei Government has thus far issued over BND 11.56 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 11th January 2018 stood at BND 432.4 million.

Download PDF  here

  

PRESS RELEASE

THANKSGIVING CEREMONY

IN CONJUNCTION WITH SEVENTH ANNIVERSARY

OF THE ESTABLISHMENT OF AUTORITI MONETARI BRUNEI DARUSSALAM

 

JAME' 'ASR HASSANIL BOLKIAH MOSQUE,

BANDAR SERI BEGAWAN, BRUNEI DARUSSALAM

THURSDAY, 17 RABIULAKHIR 1439H CORRESPONDING TO 4 JANUARY 2018M

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) today held a thanksgiving ceremony in conjunction with the seventh anniversary of its establishment at the Jame' 'Asr Hassanil Bolkiah Mosque, Bandar Seri Begawan, Brunei Darussalam.

  2. Present at the 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; Yang Mulia Dato Seri Paduka Haji Mohd Roselan bin Haji Mohd Daud, Acting Minister at the Prime Minister's Office; other members of the AMBD Board of Directors as well as AMBD staff and officers.

  3. The ceremony began with the recital of the Surah Yassin and Tahlil , followed by Doa Kesyukuran in conjunction with the seventh anniversary of the establishment of AMBD, led by Yang Dimuliakan Begawan Pehin Khatib Dato Paduka Haji Mustafa bin Haji Murad,  Imam of the Jame' 'Asr Hassanil Bolkiah Mosque.


Autoriti Monetari Brunei Darussalam

Date                     :               17 Rabiulakhir 1439H / 4 January 2018M

Reference           :               AMBD/COMMS/3


Download Malay version here

Download English version here

  

JOINT PRESS RELEASE

BRUNEI-SINGAPORE COMMEMORATIVE NOTES RECOGNISED FOR OUTSTANDING USE OF HOLOGRAPHY

 

  1. The innovative optical security feature on the commemorative notes for the 50th Anniversary of the Currency Interchangeability Agreement between Brunei Darussalam and Singapore won the Best Applied Security Product award category at the recent Excellence in Holography Awards 2017. The security feature also received a Commendation Award in the Innovation in Holographic Technology category. The Excellence in Holography Awards are conferred annually by the International Hologram Manufacturers Association (IHMA) to recognise the outstanding and effective use of holography. [1]

  2. The commemorative notes were jointly launched on 5 July 2017 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 His Excellency Mr. Lee Hsien Loong, Prime Minister of Singapore, to mark the 50th Anniversary of the Currency Interchangeability Agreement between Brunei Darussalam and Singapore. [2]

  3. Both the Brunei Darussalam and Singapore commemorative notes feature a diffractive, see-through security window that depicts Brunei Darussalam's Istana Nurul Iman and Singapore's Istana. The feature uses nanoparticles to create special diffractive and colour-shifting optical effects which are visible to the naked eye but extremely difficult for counterfeiters to replicate. The IHMA noted in its award citation that "this feature represents a significant technological advancement, as the science behind its development is a real step change for both polymer substrate and holograms".

  4. For more information on the 50th Anniversary of the Currency Interchangeability Agreement commemorative notes, please visit AMBD's website or MAS' website, download the AMBD App through the Apple App Store or Google Playstore, or view MAS' video on the commemorative notes.

 

Autoriti Monetari Brunei Darussalam

Date:   11  Rabiulakhir 1439H/   29   December 2017M

Ref No: AMBD/COMMS/3


Download Malay version here

Download English version here


[1] Please refer to the IHMA's website for more information on the Excellence in Holography Awards.

[2] Please refer to the press release, "Brunei Darussalam and Singapore celebrate 50th Anniversary of the Currency Interchangeability Agreement".


Image of the Winning Security Feature

The winning security feature is present on both the Brunei Darussalam and Singapore notes

The winning security feature is present on both the Brunei Darussalam and Singapore notes

  

PRESS RELEASE

PUBLIC TO EXERCISE HIGH CAUTION WITH CRYPTOCURRENCIES

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) is highly concerned with the proliferation of cryptocurrencies globally. AMBD would like to remind the public that cryptocurrencies are not legal tender in Brunei Darussalam and are not regulated by AMBD. Members of the public are reminded to be vigilant and to exercise extreme caution when dealing with cryptocurrencies which are privately issued.
     
  2. Cryptocurrency, such as Bitcoin, Bitcoin Cash and Ether, is a form of digital currency which operates independently from monetary authorities or central banks.  Cryptocurrency transactions are anonymous and are often traded on platforms of unknown jurisdictions in which the authenticity of its operators are difficult to verify.
     
  3. Cryptocurrency is also susceptible to being misused as intermediary for illegal activities. It is also highly susceptible to cybersecurity risks as evidenced by several high profile thefts involving the hacking of organisations in the cryptocurrency network. Criminals have also defrauded consumers by posing as well-known cryptocurrency websites and services. 
     
  4. The recent rapid escalation in the value of certain cryptocurrencies, including Bitcoin, is driven by high speculation and there is no clear sense of the fundamental value of these cryptocurrencies. The risk of losing its value is high and without any regulatory safeguards, members of the public are not protected under the laws administered by AMBD.  The international communities remain vigilant and AMBD will continue to closely monitor the development of issues surrounding them.
     
  5. AMBD would like to remind the public to be careful when participating in any investment plans or financial transactions.  The public is advised not to be easily enticed by any investment or financial activity advertisements, and to conduct due diligence and understand the financial products properly before participating.
     
  6. For any inquiries or further information, members of the public may contact AMBD at 2388388, or email info@ambd.gov.bn.

Autoriti Monetari Brunei Darussalam

Date:   4 Rabiulakhir 1439H/   22 December 2017M

Ref: AMBD/COMMS/3


Download Malay version here

Download English versionhere

Title 
Body 
1 - 20Next