Anti-Money Laundering
and
Anti-Terrorism Financing Act

INTRODUCTION

It is mandatory for all personnel of a Reporting Institution to be aware probable money laundering / financing of terrorism activities and internal reporting requirements, in compliance with UPW and Anti-Money Laundering / Anti-Terrorism Financing Act. This course is an overview of Managers responsibilities under the Act and Guidelines.

OBJECTIVES

Contents

  • Overview
  • Key Provisions
  • Suspicious Transaction Reporting
    • Section 14(b)
  • Offence & Liability
    • Section 92
    • Section 22, Part IV
  • Record Keeping
    • Section 13
  • Identification of Account Holder
    • Section 16
  • Retention of Records
    • Section 17
  • Opening Account in False Name
    • Section 18
  • Compliance Program
    • Section 19
  • Secrecy Obligations
    • Section 20
  • Persons Reporting Protection
    • Section 24
  • Tipping off
    • Section 79
  • Bank Negara Guidelines (UPW)
    • Overview
    • Responsibilities of Managers

administrative details

Duration: 1 Day
Maximum Participants: 30 Persons per class

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