Malaysia banks have been stepping up their fight against money laundering and financing of terrorism in an effort to adhere to international standards. The Financial Action Task Force on Money Laundering (FATF) last year scrutinized Malaysia and has said that Malaysian banks have a long way to go before their comply with their standards. Malaysian banks, especially the large ones, have becoming improving their AML/CFT standards in order to continue to expand across ASEAN and northern Asia and to comply with local regulations.
This report is the most authoritative source on how Malaysian banks are combating money laundering. The report is based off a survey with 10 bankers across anti-money laundering including heads of AML, heads of compliance, and senior directors and managers involved in AML in six different banks in the country, including state-owned banks and international ones.
The report also looks at what regulations AML heads are worried about, their future plans in implementing KYC and AML systems and processes, and their views on how to deal with supply afraid, internal fraud, and how they are avoiding terrorist money laundering. The report also looks into how Malaysian AML and compliance bankers view transactional monitoring, customer risk assessment, customer due diligence controls and Watch List Monitoring.
Reasons To Invest in This Report
The Dragon Bankers has extensive networks with Greater Chinese banks due to its trainings in the region, publications, conferences and research throughout the region. The Greater China AML Report will help allow your team to accomplish the following:
Who Should Invest In This Report?
This Report Is Designed for The Following For The Following Decision Makers: