LABUAN: Financial institutions in Malaysia have to take preemptive measures and be the first level of defence against the notorious money game in the country, says Bank Negara Malaysia Governor Datuk Seri Muhammad Ibrahim.
He said banks in the country should enhance their know-your-customers principle as a move to tackle the issue.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
