Brunei Darussalam Central Bank (BDCB) has added 16 entities and individuals to its alert list for January 2023.
They are Asrihafiz HA (Facebook profile); Roopchand Tanwar [Facebook profile]; Good Hope (Facebook profile); Refinance Loan Brunei [Instagram Profile]; Bank Loan Settlement & Loan / Personal loans & ngurusma; Emergn Personal Loan / emergn.money_loan.s [Instagram Profile]; FB Fillah; Shima Eshop (Facebook profile); Team SKK; Loan Agency BND (Instagram Profile); Loan Personal Brunei Darussalam; Loan Sinar Berusaha (Instagram profile); Loan Syariah Brunei Darussalam (Facebook profile); Loan Trusted Brunei Darussalam / Loanloan trusted Brunei Darussalam; HSB Trade Investment / HSB Traders Investment; and Loan Trusted.
The central bank in a statement reminded the public to only deal with financial institutions licensed by BDCB, and to avoid any unlicensed entities or individuals carrying out or offering financial services, especially those with characteristics of get-rich-quick or pyramid schemes.
Among the financial products and services that must be licensed by BDCB include money changer, money remittance and money lending.
“Members of the public are reminded that they may not have the protection provided under BDCB’s regulatory framework should they choose to deal with entities, companies or individuals which are unlicensed or unregulated,” it said.
The BDCB Alert List is a list of individuals, companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BDCB or whose activities raise suspicion of illegal financial activity.
This list is without prejudice to any further assessment by the central bank regarding the activities of the companies concerned.
Members of the public may visit the BDCB website at www.bdcb.gov.bn or follow BDCB’s Instagram @centralbank.brunei for more information on the dangers of unlicensed financial entities as well as on how to identify financial scams.
BDCB remains committed to the financial stability of Brunei Darussalam and to safeguarding Brunei Darussalam’s financial system and the interests of financial consumers.
BDCB will also continue to actively monitor any suspicious or unlicensed financial activities in Brunei Darussalam. If the public have any information on unlicensed financial activities, please contact BDCB at 2380007 or 8380007 or email us at fcibdcb.gov.bn.
THE BRUNEIAN | BANDAR SERI BEGAWAN
