Notification 2022
Notice on Reporting of Fraud Incidents for Banks (Notice No. BU/N-3/2022/74 - Amendment No. 1)
Issued by Brunei Darussalam Central Bank
Effective: 30 Sep 2026
Plain-English summary
Issued under section 66 of the Banking Act, Chapter 95, and applies to all licensed banks. Amendment No. 1 took effect on 30 September 2026. Requires reporting of material fraud and of certain fraud types regardless of materiality.
Who it applies to
Banking
Topics
Operational Risk & Outsourcing Fraud Risk
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Fraud incident reporting by banks | Deadline 1 working day (notice); 5 working days (form); 10 working days after resolution (summary) | BDCB | official | |
Paragraph 4.2 requires notification to BDCB no later than 1 working day after detection, the reporting form within 5 working days and a resolution summary within 10 working days of resolution. Paragraph 4.1A requires reporting of certain fraud types regardless of materiality. |
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| No obligations match these filters. | ||||
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