The expansion would include penalties for failing to report, submitting a report with false information, or failing to implement a due diligence system.
The guidance says money remittance services, banks, DPT service providers, precious stone and metals dealers, and non-profit organisations are vulnerable to TF threats.
The guidelines, created by three ESG evaluation agencies and endorsed by regulators, take effect from 1 September.
ESGpedia platform updated to provide greater data coverage, enhanced solutions and analytics, and assessment tools.
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