On 8th January 2019 (Tuesday), a Courtesy Call was initiated by Mr. Foo Gee Jen as a representative from PEPS, with Dr Sarah Azlina Che Rohim, Financial Intelligence and Enforcement Department (FIED) of Bank Negara Malaysia (BNM).
The Courtesy Call with BNM discussed matters regarding on BNM’s Prevention of Anti-Money Laundering (AML) and Counter Terrorism Financing (CFT).
The Courtesy Call was also attended by representatives from MIPEAC, RISM, MIEA and BOVAEP, also representing the Real Estate Agents (REAs) industry.
BNM also issued an AML/CFT Guide as part of the efforts to raise awareness and guide the implementation of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) requirements by reporting institutions (RIs). The AML/CFT Guide is a concise summary of the salient parts of the overall requirements of AMLA.
The AML/CFT Guide neither constitute a legal document nor should it be used as a form of legal advice. RIs must refer to the AMLA, the subsidiary legislation made pursu ant to the AMLA and the Sector 5 Policy Document for the overall requirements of the law.
Further information on the AML/CFT Guide and all relevant publications are available at the Bank’s AML/CFT Microsite at http://amlcft.bnm.gov.my/.