Course Information
Date :
Time :
Duration : 3 hours
Accredetation :
SIDC CPE points: 10 CPE points
Learning Outcome
Upon completion of the above programme, participants will be able to:
- Be exposed to the new amendments and the full extent of BNM & SC powers of enforcement under AMLA and the rationale behind the amendments to mitigate the risk n AML/CFT.
- Describe the legislative restrictions & requirements imposed on financial institutions under AMLA & the need for enhanced penalties for non-compliance.
- Recognize the changes in implementing Know Your Customer Policy via Risk Based Approach and the challenges in assessing risk.
Course Content
ANTI-MONEY LAUNDERING ISSUES & ITS COMPLEXITY
ANTI -TERRORISM FINANCING ISSUES & ITS COMPLEXITY
ANTI- MONEY LAUNDERING, ANTI-TERRORISM FINANCING & PROCEEDS OF UNLAWFUL ACTIVITIES ACT 2001 (AMLA 2001)
SUMMARY OF REPORTING INSTITUTION RESPONSIBILITIES UNDER BNM & SC GUIDELINES ON AML/CFT
Bank Negara Malaysia Guideline
Securities Commission Guideline