Netflix recently released the third season of The Night Agent. Interestingly, the most dangerous moment in the first episode is not the car chase. Don't worry - no spoilers ahead for those who haven't watched it yet. In one early scene, an analyst working at FinCEN (the U.S. Financial Crime Enforcement Network) begins investigating a cluster of Suspicious Activity Reports, or SARs. The reports flag large fund transfers from several U.S. companies flowing into a single crypto

Five years back, Bank Negara Malaysia (BNM) bestowed upon us a New Year's treat wrapped in the guise of its AML/CFT and Targeted Financial Sanctions for Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) & Non-Bank Financial Institutions (NBFIs) policy documents, playing the role of the ultimate 2020 surprise. Now, in the spirit of celebrating the mighty Year of the Dragon, they've once again treated us to the revised AML/CFT/CPF and

Explore the comprehensive guide on AML/CFT measures for Politically Exposed Persons (PEPs) in Malaysia.

Understand the importance of Customer Due Diligence (CDD), various types of CDD and the typical workflow processes involved.

Dive into the intricate world of KYC and CDD! Uncover the pivotal role CDD plays in AML/CFT, distinguishing it from the ongoing KYC process.

Discover the implementation of Risk Based Approach (RBA) to AML/CFT from different aspects - national, institutional and customer levels.

In this article, we help differentiate between the two AML/CFT & TFS policies issued by Bank Negara Malaysia, which can be challenging.

The Anti-Money Laundering Act (AMLA) in Malaysia was enacted in 2001 to combat money laundering. The AMLA is a vital piece of legislation.