12TH SSM NATIONAL CONFERENCE HIGHLIGHTS SHARED RESPONSIBILITY IN AML/CFT

KUALA LUMPUR, June 9 (Bernama) -- The Companies Commission of Malaysia (SSM) will host its 12th annual National Conference next month with the theme Shared Responsibility in Strengthening Anti-Money Laundering/Countering Financing of Terrorism Compliance: Risks, Challenges and Collaborations.

SSM chief executive officer Datuk Nor Azimah Abdul Aziz said the two-day virtual conference which will take place from July 25 to 26, aims, among other things, to reinforce collaboration among regulators, law enforcement agencies and industry players in preventing money laundering as well as terrorism financing as a shared responsibility. 

She said the conference will also explore regulatory expectations, assess anti-money laundering or counter financing of terrorism risks, and examine the latest international and domestic strategies to combat corruption. 

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She added that the topic chosen for this year’s national conference is apt in the pursuit of promoting financial transparency and deterring those who seek to misuse the financial system for illicit purposes. 

“Combating money laundering and countering the financing of terrorism effectively requires a joint effort by various parties including countries, governments, companies and individuals.

“In achieving this goal, SSM’s national conference aims to bring closer collaborative efforts among all players in the anti-money laundering and counter-financing of terrorism ecosystem towards instilling a stronger compliance culture to better address current and emerging risks or trends,” she told Bernama recently.

Elaborating further, Nor Azimah said SSM’s National Conference has made its mark as an earnest discourse, and networking platform for business and corporate professionals to stay relevant in the ever-changing business environment. 

This year’s conference will feature 11 plenary sessions with 46 distinguished speakers as well as 20 virtual exhibitors and is expected to attract over 2,000 delegates, including industry leaders, academicians, senior executives, company secretaries, and professionals.

The speakers include Bank Negara Malaysia Financial Intelligence and Enforcement Department (FIED) director Mohd Fuad Arshad, Malaysian Anti-Corruption Commission (MACC) Anti-Money Laundering Division Deputy Director Mohamad Faizal Sadri.

The speakers also include Inland Revenue Board of Malaysia Special Task Department Deputy Director Nik Hasrol Syahir Nik Hassan, Royal Malaysia Police Crime Prevention and Community Safety Department Assistant Director ACP Dr P. Subramanian and CyberSecurity Malaysia Cyber Security Responsive Services Division Acting Vice President Ts Mohd Zabri Adil Talib.

Among the topics that will be discussed during the conference are Preventing Money Laundering and Terrorism Financing – Malaysia Risk’s Map; Board of Directors on Building an Effective Governance and Integrity Ecosystem; Stepping Up the Game - Leveraging on Emerging Technology to Fight Corruption and Be Scam Aware.

Participants in the conference will also receive 16 Continuing Professional Education (CPE) points.

Don’t miss out on the chance to discover the insights about Shared Responsibility in Strengthening Anti-Money Laundering/Countering Financing of Terrorism Compliance: Risks, Challenges and Collaborations via this flagship conference. 

Those who are interested can register now at https://e-comtrac.ssm.com.my for a fee of RM500 before July 11, 2023.

For more information and assistance, the public can contact contact 03-2299 5200 or email comtrac@ssm.com.my.

-- BERNAMA