Anti Money Laundering Act Malaysia Pdf

Malaysia was named by the us pentagon as.

Anti money laundering act malaysia pdf. Laws of malaysia act 613 anti money laundering act 2001 date of royal assent 25 jun 2001 date of publication in the gazette 5 jul 2001 an act to provide for the offence of money laundering the measures to be taken for the prevention of money laundering and to provide for forfeiture of property derived. Short title and commencement 2. Highlights the growth of money laundering in malaysia and the efforts of the malaysian government to curb it including the anti money laundering act 2001. Protection of informers and information 6.

Anti money laundering laws of malaysia reprint act 613 anti money laundering act 2001 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision malaysia under the authority of the revision of laws act 968 in collaboration with percetakan nasional malaysia bhd 2006. The anti money laundering act 2013 arrangement of sections part i p reliminary section 1. Malaysia was named by the us pentagon as. The anti money laundering anti terrorism financing and proceeds of unlawful activities act 2001 the amlatfa is the primary malaysian statute dealing with anti money laundering and anti terrorism financing the amlatfa is federal legislation that has application throughout all the states and federal.

Prohibition of money laundering 4. As a member of the united nations malaysia is obliged to comply with the unsc s resolutions. Interpretation part ii money laundering offences 4. Task force fatf 1 the anti money laundering and countering financing of terrorism aml cft reporting obligations imposed on reporting institutions are risk informed and subject to periodic review in tandem with any material changes to the international standards or the ml tf risk situation in malaysia.

Laws of malaysia act 613 anti money laundering and anti terrorism financing act 2001 arrangement of sections part i preliminary section 1. Jurisdiction part ii c riminalisation of the laundering of the proceeds of crime 3. Evidence of state of mind 5. Restriction on revealing.

Read more these documents are formulated in accordance with the provisions of the anti money laundering anti terrorism financing and proceeds of unlawful activities act 2001 amla. Highlights the growth of money laundering in malaysia and the efforts of the malaysian government to curb it including the anti money laundering act 2001.