The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 () is a Malaysian counter-terrorism legislation. It is enacted 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 terrorist property, proceeds of an unlawful activity and instrumentalities of an offence, and for matters incidental thereto and connected therewith.
Structure
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). Part I: Preliminary Part II: Money Laundering Offences Part III: Financial Intelligence Part IV: Reporting Obligations Part IVA: Cross Border Movements of Cash and Bearer Negotiable Instruments Part V: Investigation Part VI: Freezing, Seizure and Forfeiture Part VIA: Suppression of Terrorism Financing Offences and Freezing, Seizure and Forfeiture of Terrorist Property Part VII: Miscellaneous Schedules
References
External links
Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 Bank Negara AMLA https://amlcft.bnm.gov.my/the-amla [Infographic] Implementation Guidance on AML/CFT Policies