Cash transaction limit in the works to curb money laundering

Annabelle LeePublished: Mar 27, 2019 1:55 PM | Updated: Mar 27, 2019 2:03 PM

A policy to limit cash transactions is in the works, with Bank Negara to embark on a series of public consultations to obtain feedback on the move.

Governor Shamsiah Mohd Yunus said today that the policy is aimed at curbing money laundering and "limiting the use of cash by criminals...

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