Anti Money Laundering Act Malaysia 2001

The act was gazetted as law on 5 july 2001 and came into force on 15 january 2002.

Anti money laundering act malaysia 2001. Anti money laundering and anti terrorism financing 9 laws of malaysia act 613 anti money laundering and anti terrorism financing act 2001 an act to provide for the offence of money laundering the measures to be taken for the prevention of money laundering and terrorism financing offences and to provide for the forfeiture. Anti money laundering act 2001. The anti money laundering anti terrorism financing and proceeds of unlawful activities act 2001 in its current form 1 december 2015 consists of 7 parts containing 93 sections and 2 schedules including 27 amendments. Malaysia s anti money laundering act 2001 amla was enacted in january 2002.

Gazette5 jul 2001 an act to provide for the offence of money laundering the measures to be taken for the prevention of money laundering and to provide for forfeiture of property derived from or involved in money laundering and for matters incidental thereto or connected therewith. The anti money laundering anti terrorism and proceeds of unlawful activities act 2001 the act came into force on 15 1 2001 with the aim of preventing and combating money laundering terrorism financing and the use of illegal proceeds. Date of royal assent 25 jun 2001 date of publication in the. The amlatfa criminalizes money laundering and lifts bank secrecy provisions for criminal investigations involving 248 predicate offenses.

Date of royal assent 25 jun 2001 date of publication in the gazette5 jul 2001 an act to provide for the offence of money laundering the measures to be taken for the prevention of money laundering and terrorism financing offences and to provide for the forfeiture of property involved in or derived from money laundering and terrorism financing offences as well as. Anti money laundering anti terrorism financing and proceeds of unlawful activities act 2001.