Beruflich Dokumente
Kultur Dokumente
• The AMLA was gazetted on 5 July 2001 and came into force on 15
January 2002.
• The purpose of the AMLA are seeks to establish and implement the
FATF Forty Recommendations in Malaysia
• The AMLA covers :
• offence of money laundering,
• creates mechanisms for investigating and recovering proceeds of unlawful
activities,
• introduces the power for the freezing, seizure and forfeiture of the
proceeds of unlawful activities.
• THE ACT
1. Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of
Unlawful Activities Act 2001 (AMLA)
2. Anti-Money Laundering Act 2001
• AML/CFT Policies Issued by Bank Negara Malaysia
Reporting obligations of the reporting institutions and common red flags for
each sector are provided in the following policies:
1. Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) –
Banking and Deposit-Taking Institutions (Sector 1)
2. Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) –
Insurance and Takaful (Sector 2)
3. Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) –
Money Services Business (Sector 3)
4. Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) –
Electronic Money and Non-Bank Affiliated Charge & Credit Card (Sector 4)
5. Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) –
Designated Non-Financial Businesses and Professions (DNFBPs) & Other
Non-Financial Sectors (Sector 5)
METHODS OF MONEY LAUNDERING PROCESSES TO HIDE THE
ILLEGAL PROCESS