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 |
Enacted by | Dewan Negara |
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 |
Introduced by | , Minister of |
First reading | [ ] |
Second reading | [ ] |
Third reading | [ ] |
Bill introduced in the Dewan Negara | Anti-Money Laundering Bill 2001 |
Introduced by | , Minister of |
First reading | [ ] |
Second reading | [ ] |
Third reading | [ ] |
Amendments | |
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 a 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.