The laws of Malaysia place responsibility upon individual to help prevent money laundering activities. This article briefly introduced the processes involved in typical money laundering process and various reporting obligations imposed by the Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and other secondary provisions. The writing of this article employs the hermeneutics analysis of relevant legislation(s). It provides a quick and simplified reference for students and non-practitioner.
|Number of pages||7|
|Publication status||Published - 28 Apr 2021|
- money laundering
- terrorist financing
ASJC Scopus subject areas
- Business, Management and Accounting(all)