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

  


NATIONAL SAVINGS DAY 2018 ROADSHOW

 INSTITUTE OF BRUNEI TECHNICAL EDUCATION (IBTE)

SULTAN SAIFUL RIJAL CAMPUS, BRUNEI MUARA

WEDNESDAY, 27TH SYAWAL 1439 CORRESPONDING TO 11TH JULY 2018

 

1.          Autoriti Monetari Brunei Darussalam (AMBD) concluded its series of roadshows for National Savings Day 2018 with a final roadshow held at the Institute of Brunei Technical Education (IBTE) Sultan Saiful Rijal Campus on. The roadshow, held on Wednesday, 27th Syawal 1439 corresponding to 11th July 2018, was a collaboration between AMBD with the Ministry of Education (MOE), Radio Television Brunei (RTB), and Employee Trust Fund (TAP).

2.          The event was graced by the guests of honour, Yang Berhormat Dayang Siti Rozaimeriyanty binti Dato Seri Laila Jasa Haji Abdul Rahman and Yang Berhormat Dayang Nik Hafimi binti Abdul Haadii, Members of the Legislative Council. Senior officers from AMBD and MOE were also present at the event.

3.          Similar to previous National Savings Days roadshows, the aim of this year's roadshows is to increase awareness on the importance of savings and financial independence amongst students–maintaining the "Financially Literate Generation" theme. In 2016, National Savings Day roadshows were targeted to primary school students, followed by secondary school students in 2017. This year, the target audience are students from sixth form centres and higher education institutions. This is in line with AMBD's goal to develop a financially literate generation and Brunei Vision 2035's objectives of achieving a dynamic and sustainable economy and a highly skilled population.

4.          Over 550 students from across the country participated in the roadshows, where financial management concepts and local currency were introduced through interactive financial-related activities. Activities were jointly organised by AMBD, TAP, Junior Achievement Brunei, local banks, local insurance companies and Takaful operators.

5.          The next event in line to celebrate National Savings Day 2018 is the 3rd Financial Fun Fair –a 2-day family fun-filled event. The event will be held at the Jerudong Park Colonnade on Saturday, 4th August 2018 from 4pm to 10pm and on Sunday, 5th August 2018 from 12pm to 6pm. Additionally, a Financial Showcase, in conjunction with National Savings Day 2018, is also scheduled in September 2018. 

6.          For more information on National Savings Day 2018, members of the public can visit the AMBD website at www.ambd.gov.bn/nsd2018, download the AMBD App via the App Store or Google Playstore, or follow AMBD on Instagram at @autoriti_monetari.

 

Autoriti Monetari Brunei Darussalam

Date:         27 Syawal 1439/ 11 Julai 2018

Ref:            AMBD/COMMS/3

Download Malay version here

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PRESS RELEASE

INAUGURAL RESIDENTIAL PROPERTY PRICE INDEX (RPPI)

FOR BRUNEI DARUSSALAM

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) today published the first Residential Property Price Index (RPPI) for Brunei Darussalam. The base year of the index is 2015 and the index will be published on a quarterly basis. The index is published by AMBD with close cooperation of the Ministry of Development, in particular the Authority for Building Control and Construction Industry (ABCi).

2.       The index assesses real estate market conditions and tracks changes in the average price level of residential properties in all four districts of Brunei Darussalam. The index can play a role in the measurement of affordability of home-ownership. It may also serve as a macroeconomic indicator of economic growth and a financial stability or soundness indicator to measure risk exposure.
3.       In Q1 2018, the RPPI was at 87.3, a decrease of 2.7% year-on-year compared to Q1 2017 and a decrease of 7.7% quarter-on-quarter compared to Q4 2017. 


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4.       Based on mortgage data obtained from banks, there were 92 transactions for residential properties in Q1 2018. The majority of these transactions were for detached houses (51%), followed by terrace houses (22%), semi-detached houses (16%), apartments (7%), and land (4%).

5.       The median purchase price for all properties was BND250,000. The median purchase prices for specific types of properties were BND299,000 for detached houses, BND260,000 for semi-detached houses,  BND185,000 for terrace houses, BND205,000 for apartments, and BND82,000 for land purchases. The overall median purchase price of residential properties in Q1 2018 decreased by 11% year-on-year compared to Q1 2017 and decreased by 6% quarter-on-quarter compared to Q4 2017.
6.       The published statistics and index should be treated as general information only and should not relied on solely to draw specific conclusions on a particular property as property values vary with location, land size, floor area and so on.

7.       For more information on RPPI, members of the public may view technical notes on the methodology and statistics on the AMBD website at www.ambd.gov.bn and follow updates on RPPI through AMBD's Instagram account @autoriti_monetari.



Autoriti Monetari Brunei Darussalam

Rujukan: AMBD/COMMS/3

Tarikh:    22 Syawal 1439H/ 6 Julai 2018M              

       

 

Please click here for more technical details.


Download Malay version of Press Release here

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PRESS RELEASE

PUBLIC TO EXERCISE HIGH CAUTION WITH PHISHING SCAMS

 

1.         Autoriti Monetari Brunei Darussalam (AMBD) would like to advise the public to be cautious when dealing with emails requesting for sensitive information associated with their bank accounts.

2.         AMBD has observed an increasing attempt in phishing scams targeting members of the public. The scams came in the form of emails allegedly sent from banks, asking customers to review or update their personal details, including information on their bank accounts, online banking user names and passwords. Some of the emails may include URL link or attachments, such as a PDF document or a word document that redirects customers to a phishing website. Customers who receive such emails are advised to not follow the instructions of the senders and should report them promptly to their banks.

3.         AMBD would also like to advise the public to familiarize themselves with the characteristics of phishing scams to avoid from becoming a victim to the scam. Members of public are also advised to be wary and to always verify with their banks when receiving any suspicious emails from the banks. 

4.      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:   29  Sya'ban 1439H/      15  May 2018

Ref No: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

NATIONAL SAVINGS DAY 2018 ROADSHOW

 PUSAT TINGKATAN ENAM TUTONG

WEDNESDAY, 20TH SYAWAL 1439 CORRESPONDING TO 4TH JULY 2018

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) in collaboration with the Ministry of Finance through the Employee Trust Fund (TAP), Ministry of Education (MOE) and Radio Television Brunei (RTB) along with relevant agencies and financial institutions, held its third National Savings Day 2018 roadshow at Pusat Tingkatan Enam Tutong, on Wednesday, 20th Syawal 1439 corresponding to  4th July 2018.
2.       The guests of honour for the event were Members of the Legislative Council, Yang Berhormat Awang Haji Abdul Wahab bin Apong, Penghulu of Mukim Tanjong Maya, Tutong and Yang Berhormat Awang Ramli bin Haji Lahit, Penghulu of Mukim Telisai, Tutong. Senior officers from AMBD and MOE were also present at the event.

3.       Similar to previous National Savings Day roadshows over the years, the roadshow follows the same theme –"Financially Literate Generation". In 2016, the National Savings Day activities were targeted to primary school students, followed by activities for secondary school students in 2017. This year, the National Savings Day roadshows are brought to sixth form centres and higher education institutions across the country. This is a part of AMBD's efforts to develop a financially literate generation and recognize Brunei Vision 2035's objectives of achieving a dynamic and sustainable economy with a highly-skilled population.
4.       Around 400 students from sixth form centres and higher education institutions participated in interactive financial-related games and activities prepared and organized by AMBD, TAP, banks and insurance companies/ takaful operators and Junior Achievement Brunei. The games and activities aimed to introduce students to financial management concepts as well as some background on the local currency.

5.       The final roadshow will be held in the Brunei and Muara District next week on Wednesday, 11th July 2018 at IBTE Sultan Saiful Rijal. 

6.       The highlight of National Savings Day 2018 will be the 3rd Financial Fun Fair, which will be held at the Jerudong Park Colonnade on 4th August 2018 from 4pm to 10pm and on 5th August 2018 from 12pm to 6pm. The fun fair will feature a host of family fun-packed programs and interactive activities.
7.       For additional information on National Savings Day 2018, members of the public can visit AMBD website at www.ambd.gov.bn/nsd2018, download the AMBD App via the App Store or Google Playstore, or follow AMBD on Instagram at @autoriti_monetari. 

 

Autoriti Monetari Brunei Darussalam
Date:         20 Syawal 1439/ 4 Julai 2018

Ref:            AMBD/COMMS/3

Download Malay version here

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PRESS RELEASE

NATIONAL SAVINGS DAY 2018 ROADSHOW

SEKOLAH MENENGAH SAYYIDINA ALI

KUALA BELAIT

MONDAY, 18TH SYAWAL 1439 CORRESPONDING TO 2ND JULY 2018

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) in collaboration with the Ministry of Education (MOE), Radio Television Brunei (RTB), Employee Trust Fund (TAP), as well as relevant agencies and financial institutions, held its second National Savings Day 2018 roadshow at Sekolah Menengah Sayyidina Ali, Kuala Belait , on Monday, 18th Syawal 1439 corresponding to 2nd July 2018.
2.       The guest of honour for the event was the Member of the Legislative Council, Yang Berhormat Awang Hanapi bin Mohd Siput, Village Head of Kampong Labi 1, Kuala Belait. Also present at the roadshow were senior officers from AMBD and MOE.

3.       Similar to the past years, the roadshow maintains the same theme of "Financially Literate Generation". In 2016, the National Savings Day activities were targeted to primary school students, followed by activities for secondary school students in 2017. This year, the National Savings Day roadshows are brought to sixth form centres and higher education institutions. This is a part of AMBD's efforts to develop a financially literate generation and recognize Brunei Vision 2035's objectives of achieving a dynamic and sustainable economy and a highly-skilled population.

4.       Around 400 students from sixth form centres and higher education institutions from across the country participated in interactive financial-related games and activities organized by AMBD, TAP, banks and insurance companies /takaful operators  and Junior Achievement Brunei. The games and activities gave the participants an introduction to financial management as well as some background on the local currency.

5.       The next roadshows will be held in Tutong District on 4th July 2018 followed by Brunei Muara District on 11th July 2018.

6.       The highlight of National Savings Day 2018 will be the Financial Fun Fair, which will be held at the Jerudong Park Colonnade on 4th August 2018 from 4pm to 10pm and on 5th August 2018 from 12pm to 6pm, and will feature a host of family fun-packed programs and interactive activities. Besides that, a Financial Showcase will also be held the following month, in September 2018.

7.       For additional information on National Savings Day 2018, members of the public can visit AMBD website at www.ambd.gov.bn/nsd2018, download the AMBD App via the App Store or Google Playstore, or follow AMBD on Instagram at @autoriti_monetari. 


  
Autoriti Monetari Brunei Darussalam
Date:         13 Syawal 1439/ 27 June 2018

Ref:            AMBD/COMMS/3


Download Malay version here

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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 FOINS (Financial.org Blockchain Systems) has been included in the Alert List for month of June 2018.

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:                     22 Syawal 1439/ 29 June 2018

Reference:          AMBD/COMMS/3

Download Malay versionhere

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JOINT PRESS RELEASE

RBPF, AITI AND AMBD JOINT AWARENESS PRESS RELEASE ON SCAM CALLS


1.            The Royal Brunei Police Force (RBPF), Authority for Info-communications Technology Industry of Brunei Darussalam (AITI) and Autoriti Monetari Brunei Darussalam (AMBD), would like to remind the public to be wary of scammers using mobile and landline phones to dishonestly acquire personal information with the intention of causing financial loss.

2.            There have been reports of the public receiving calls from local and international numbers with pre-recorded messages pretending to law enforcement or government. The purported officials will try to obtain your personal information or accuse you of committing a crime in a foreign country and extort payment to clear your name. The conversation can be conducted in any language with most of the recent calls being made in Mandarin.    

3.            The public should be aware that these calls are not necessarily from the phone numbers which appear in caller identification.  The real source of the call is hidden or masked to portray the image of a legitimate call.  Because, of this, it is very difficult to trace the real source of the call.  This is a challenge being faced globally, and Brunei is not the only target for these scammers.

4.            The Authorities would like to advise the public to take the following steps when encountering these calls:

4.1          Ignore calls from unknown numbers, whether local or international;

4.2          Be aware that international law enforcement agencies and organisations, such as Interpol, will never contact or request for personal information directly;

4.3          Always be extra cautious when answering calls from unknown numbers. If you have answered such a call, please hang up immediately. Do not call back as it is likely to be a spam call;

4.4          Never share any personal information especially relating to banking matters over the phone. This includes:

    • Identity Card Numbers or Passport Numbers;
    • ATM, Debit Card or Credit Card Details including CVC numbers; and/or
    • Online Usernames or Passwords.

 4.5          Never share any personal information especially relating to banking matters over the phone. This includes:Never transfer or remit funds to unknown organisations or individuals abroad. Banks and remittance businesses in the country will also be taking necessary actions in tackling the matter including creating customer awareness and conducting enhanced due diligence when carrying out any financial transactions abroad. 


Download Malay version here
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PRESS RELEASE

NATIONAL SAVINGS DAY 2018 ROADSHOW

SEKOLAH UGAMA ARAB MENENGAH

PENGIRAN RAJA ISTERI PENGIRAN ANAK HAJAH SALEHA,

KAMPONG KATOK

WEDNESDAY, 13TH SYAWAL 1439 CORRESPONDING TO 27TH JUNE 2018

 

1.       Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with the Ministry of Education (MOE), Ministry of Religious Affairs (MORA), Radio Television Brunei (RTB), the Employee Trust Fund (TAP), as well as related agencies and financial institutions, held its first National Savings Day 2018 roadshow at Sekolah Ugama Arab Menengah Pengiran Raja Isteri Pengiran Anak Hajah Saleha (SUAMPRIPAHS), Kampong Katok, on Wednesday, 13th Syawal 1439 corresponding to 27th June 2018.
2.       The Guest of Honour for the event was Yang Berhormat Khairunnisa binti Ash'ari, Member of the Legislative Council. Also present during the roadshow were senior officers from AMBD, as well as senior officers from Ministry of Education, Ministry of Religious Affairs, Brunei-Muara District Office, and SUAMPRIPAHS.

3.       With the theme "Financially Literate Generation", the roadshow is hoped to increase awareness on the importance of savings, financial independence and to encourage individuals and households, in particular students, to be more financially-savvy in the future.  This is in line with AMBD's efforts to develop a financially literate generation and drive the Brunei Vision 2035 objectives towards achieving a dynamic and sustainable economy, as well as highly-skilled population.
4.       100 students from sixth form centres and secondary schools in the Brunei-Muara District were invited to participate in interactive financial-related games and activities organized by AMBD, TAP, BIBD, Baiduri Bank and Junior Achievement. The games and activities gave an introduction on financial management and also local currency.

5.       The next roadshow will be held on Monday, 2nd July in the Belait District, followed by roadshows in the Tutong District on Wednesday, 4th July, and once again in the Brunei-Muara District on Wednesday, 11th July.

6.       Other events planned in conjunction with National Savings Day 2018 are the Financial Fun Fair, which will be held at the Jerudong Park Colonnade on Saturday, 4th August 2018 from 4pm to 10pm, and Sunday, 5th August from 12pm to 6pm. The Financial Fun Fair will feature a host of family fun-filled programs and interactive activities; and the Financial Showcase in September 2018.
7.       For more information on National Savings Day 2018, members of the public can visit AMBD's website at www.ambd.gov.bn/nsd2018; download AMBD App from the App Store or Google Playstore; or follow AMBD on Instagram at @autoriti_monetari. 



Autoriti Monetari Brunei Darussalam
 
Date:         13 Syawal 1439/ 27 June 2018

Ref:            AMBD/COMMS/3

Download Malay version here

Dowload English version here

  


AUTORITI MONETARI BRUNEI DARUSSALAM

INVITATION TO TENDER FOR HUMAN RESOURCE MANAGEMENT SYSTEM (HRMS)

AUTORITI MONETARI BRUNEI DARUSSALAM

 

REFERENCE: AMBD/JTK/ITT2018/02

Terms and Conditions:

1.       Interested applicants may obtain the softcopy of the tender document, with a tender fee of BND50.00 (non-refundable), and e-document fee of BND5.00 (non-refundable), from Account and Finance, Corporate Affairs Division, Autoriti Monetari Brunei Darussalam, 2nd Floor, Brunei Currency Monetary Board Building (BCMB), Commonwealth Drive, Bandar Seri Begawan BB3910, Brunei Darussalam during the following hours:

Monday – Thursday8:30 am – 11:30 am

2:00 pm – 4:00 pm

Friday8:30 am – 10.30 am

3:00 pm – 4:00 pm

2.       All tender documents should be submitted in a sealed envelope without revealing the identity or logo of the company. The project title, reference number, and closing time and date of the tender are to be stated on the top left-hand corner of the envelope and addressed to:

Pengerusi

Jawatankuasa Tawaran Khas

Autoriti Monetari Brunei Darussalam

Level 14, Ministry of Finance Building

Commonwealth Drive

Bandar Seri Begawan BB 3910

Negara Brunei Darussalam

3.       The proposal must be valid for three (3) months from the closing date. Any proposal which is valid for less than the said duration will be rejected.
4.       AMBD does not bind itself to accept the lowest tender or any other tenders received.

5.       All tender documents should be received by AMBD not later than Monday, 9 July 2018 at 2:00 pm. Tender documents received after the aforementioned deadline will not be entertained.

Download Malay version here

  


PRESS RELEASE
OPERATING HOURS FOR AUTORITI MONETARI BRUNEI DARUSSALAM
IN CONJUNCTION WITH SYAWAL 1439H/ 2018M PUBLIC HOLIDAYS

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public of the following:

If 1st Syawal 1439H falls onAMBD* will be closedAMBD* will reopen
Friday, 15th June 2018MFriday, 15th June until Tuesday, 19th June 2018MWednesday, 20th June 2018M
Saturday, 16th June 2018MMonday, 18th June until Wednesday, 20th June 2018MThursday, 21st June 2018M

*This includes Currency Gallery, Credit Bureau Customer Service Counter, Payment Counters, and all other AMBD Counter Services.

2.                   However, to ensure smooth operation of the Brunei Dollar Interbank Transfers, the AMBD Real-Time Gross Settlement (RTGS) system, Automated Cheque Clearing House (ACH) system and Central Securities Depository (CSD) system will be in operation from Wednesday, 20th June 2018M under normal operating hours.

3.        AMBD would like to apologize for any inconvenience caused and would like to take this opportunity to wish all Selamat Hari Raya Aidilfitri, Maaf Zahir & Batin.  

 

Autoriti Monetari Brunei Darussalam

Date:      28 Ramadhan 1439H/ 13 June 2018M 
Reference: 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 (June 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 158th 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
15807 June 201806 June 2019364 Days1.250%

 

With this issuance, the Brunei Government has thus far issued over BND 11.96 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 7th June 2018 stood at BND 332.4 million.

  


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 Gainmax Capital Limited has been included in the Alert List for month of May 2018.

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:                     Ramadhan 1439/              May 2018

Reference:          AMBD/COMMS/3

Download Malay version here here

Download English version here here

  

 

PRESS RELEASE

AMBD HOLDS KHATAM AL-QURAN CEREMONY AND PRESENTS DONATIONS TO ORPHANS

MINISTRY OF FINANCE BUILDING

BANDAR SERI BEGAWAN

NEGARA BRUNEI DARUSSALAM

MONDAY, 26 RAMADHAN 1439H CORRESPONDING TO 11 JUNE 2018

 

1.       Autoriti Monetari Brunei Darussalam (AMBD), organised a Khatam Al-Quran ceremony in conjunction with the holy month of Ramadhan 1439H/2018M at the Ministry of Finance Building, Commonwealth Drive, Bandar Seri Begawan.

2.       Present at 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 in his capacity as the Deputy Chairman of AMBD; Yang Berhormat Dato Seri Paduka Dr Awang Haji Mohd Amin Liew bin Abdullah, Minister of Finance II; other members of the AMBD Board of Directors, as well as AMBD officers and staff.

3.       The ceremony began with the recitation of Surah Al-Fatihah led by Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia Awang Haji Abu Bakar bin Haji Apong. This was followed by the recitation of Al-Quran verses, Takhtim, and Doa Khatam by Awang Muhd. Khairul Anwar bin Haji Ahmad. The event also saw the presentation of donations presented to orphans by the Deputy Chairman of AMBD.

Autoriti Monetari Brunei Darussalam

 

Date :                    26 Ramadhan 1439 / 11 June 2018

Reference :         AMBD/COMMS/3

Download Malay version here

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PRESS RELEASE

TAHLIL CEREMONY

FOR AL-MARHUM SULTAN HAJI OMAR 'ALI SAIFUDDIEN SA'ADUL KHAIRI WADDIEN IBNI

AL-MARHUM SULTAN MUHAMMAD JAMALUL ALAM

AND AL-MARHUMAH DULI RAJA ISTERI PENGIRAN ANAK DAMIT BINTI

AL-MARHUM PENGIRAN BENDAHARA PENGIRAN ANAK ABDUL RAHMAN.

ROYAL MAUSOLEUM, JALAN TUTONG

BANDAR SERI BEGAWAN, NEGARA BRUNEI DARUSSALAM

WEDNESDAY, 14TH RAMADHAN 1439H CORRESPONDING TO 30TH MAY 2018M

 

 

1.       Autoriti Monetari Brunei Darussalam (AMBD), today, held a Tahlil Ceremony for Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien ibni Al-Marhum Sultan Muhammad Jamalul Alam and Al-Marhumah Duli Raja Isteri Pengiran Anak Damit binti Al-Marhum Pengiran Bendahara Pengiran Anak Abdul Rahman in conjunction with the month of Ramadhan 1439H/2018M at the Royal Mausoleum, Jalan Tutong.

2.       Present at 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 in his capacity as Deputy Chairman of AMBD; Yang Berhormat Dato Seri Paduka Awang Haji Mokti bin Haji Mohd Daud, Minister at the Prime Minister's Office; Yang Berhormat Dato Seri Paduka Dr Awang Haji Mohd Amin Liew bin Abdullah, Minister of Finance II; Yang Berhormat Dato Paduka Awang Haji Hamzah bin Haji Sulaiman, Minister of Education; other members of the AMBD Board of Directors, as well as AMBD officers and staff.

3.       The ceremony started with the recitation of Surah Al-Fatihah, followed by the recitations of Surah Yaasiin and Doa Tahlil led by Yang Mulia Awang Zakaria bin Haji Mohd Salleh, Mosque Affairs Officer, Ministry of Religious Affairs.

Autoriti Monetari Brunei Darussalam

Date :                    14 Ramadhan 1439 / 30 May 2018

Reference :         AMBD/COMMS/3

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Download English version here

  


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.

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