Singapore's Waterfall Approach To Preventing Scams
Raymon Ram, Certified Fraud Examiner & Anti-Money Laundering Specialist, Graymatter Forensic Advisory
27-Oct-23 07:45
Embed Podcast
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
Close
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) have released a joint paper introducing a Shared Responsibility Framework (SRF) for phishing scams. This framework assigns responsibilities to financial institutions and telecommunication companies and mandates compensation to victims if these responsibilities are not met. Raymon Ram, Certified Fraud Examiner & Anti-Money Laundering Specialist, Graymatter Forensic Advisory tells us the mechanics of it and if Malaysia should implement a similar scheme.
Image credit: Shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Wong Shou Ning, Philip See
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Categories: financial wellness
Tags: scam prevention, shared responsibility framework,