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LABUAN, Jan 9 (Bernama) -- Malaysia’s recent recognition by the Financial Action Task Force (FATF) under the ‘Regular Follow-Up’ status for the Mutual Evaluation Report 2025 (MER 2025) has underscored international confidence in the country’s robust, risk-based framework for anti-money laundering, counter-terrorism financing and counter-proliferation financing (AML/CFT/CPF).
KUALA LUMPUR, Dec 11 (Bernama) -- Malaysia has a comprehensive legal and regulatory framework for targeted financial sanctions (TFS) related to proliferation financing (PF) pursuant to the United Nations Security Council Resolution (UNSCR) and its successor resolutions.
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
KUALA LUMPUR, Dec 11 (Bernama) -- The Financial Action Task Force’s move to upgrade Malaysia’s status to “Regular Follow-Up” status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.
KUALA LUMPUR, Dec 11 (Bernama) -- The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
KUALA LUMPUR, Dec 4 (Bernama) -- UnionPay recently signed 11 cross-border payment cooperation agreements with major institutions during the UnionPay Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity in Shanghai, China.
LABUAN, Nov 27 (Bernama) -- Information sharing, innovation, and technology-driven compliance are the pillars of a robust anti-money laundering (AML) regime and for Labuan International Business and Financial Centre (IBFC) to be a trusted financial market, said Labuan Financial Services Authority (Labuan FSA) director-general Affendi Rashdi.
LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.
KUALA LUMPUR, Nov 20 (Bernama) -- Quantexa, a global pioneer in Decision Intelligence, has been recognised as a Category Leader in Chartis’ RiskTech Quadrant for anti-money laundering (AML) transaction monitoring solutions and RiskTech Quadrant for KYC Solutions, 2025.
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's property sector is set for a major digital transformation as the government accelerates the rollout of trusted digital infrastructure to enhance transparency, compliance and resilience.
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.
