Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001
Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 | |
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Parliament of Malaysia | |
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 terrorist property, proceeds of an unlawful activity and instrumentalities of an offence, and for matters incidental thereto and connected therewith. | |
Citation | Act 613 |
Territorial extent | Throughout Malaysia |
Enacted by | Dewan Rakyat |
Date passed | 10 May 2001 |
Enacted by | Dewan Negara |
Date passed | 6 June 2001 |
Date of Royal Assent | 25 June 2001 |
Date commenced | 5 July 2001 |
Date effective | [15 January 2002, P.U. (B) 15/2002] |
Legislative history | |
Bill introduced in the Dewan Rakyat | Anti-Money Laundering Bill 2001 |
Bill citation | D.R. 15/2001 |
Introduced by | Shafie Salleh, Deputy Minister of Finance |
First reading | 9 April 2001 |
Second reading | 9 May 2001 |
Third reading | 10 May 2001 |
Bill introduced in the Dewan Negara | Anti-Money Laundering Bill 2001 |
Bill citation | D.R. 15/2001 |
Introduced by | Shafie Salleh, Deputy Minister of Finance |
First reading | 14 May 2001 |
Second reading | 5 June 2001 |
Third reading | 6 June 2001 |
Amends | |
Anti-Money Laundering (Amendment of Second Schedule) Order 2002 [P.U. (A) 18/2002] | |
Status: In force |
The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Malay: Akta Pencegahan Pengubahan Wang Haram, Pencegahan Pembiayaan Keganasan dan Hasil daripada Aktiviti Haram 2001), is Malaysian laws which 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
This article incorporates text from this source, which is in the public domain.