Malaysia central bank fines AEON Credit for sanctions breaches
Malaysia central bank fines AEON Credit for sanctions breaches KUALA LUMPUR, June 24 (Reuters) - Malaysia's central bank said on Wednesday that it has fined AEON Credit Service (M) Berhad ANCR.KL 520,000 ringgit ($125,665) for breaches of targeted financial sanctions.
AEON Credit, the Malaysian unit of Japan's Aeon Co 8267.T, has since taken remedial measures and conducted refresher training for relevant staff to ensure compliance, Bank Negara Malaysia said in a statement.
($1 = 4.1380 ringgit)
(Reporting by Rozanna Latiff and Danial Azhar; Editing by David Stanway)