Anti Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act 2001

Citation Act 613 Enacted by Dewan Rakyat Date of Royal Assent 25 June 2001		Territorial extent Throughout Malaysia Enacted by Dewan Negara Date commenced 5 July 2001

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

Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 Wikipedia

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