Bank Negara Malaysia said the institutions involved were MBSB Bank Bhd, Small Medium Enterprise Development Bank Malaysia Bhd, Boardroom Corporate Services Sdn Bhd and Ilham Secretarial Services. PETALING JAYA : Bank Negara Malaysia (BNM) has imposed penalties on two financial institutions and two firms for failures to comply with requirements against money laundering and terrorism financing. BNM said the institutions involved were MBSB Bank Bhd, Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), Boardroom Corporate Services Sdn Bhd and Ilham Secretarial Services. BNM said it imposed an AMP of RM460,000 on SME Bank for failure to promptly submit an STR. BNM also imposed a compound of RM8,625 on Ilham Secretarial Services for failure to promptly submit an STR, and the company paid the compound on Dec 15.