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
Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001
Parliament of Malaysia
	Long title 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
Passed by	Dewan Rakyat
Passed	10 May 2001
Passed by	Dewan Negara
Passed	6 June 2001
Royal assent	25 June 2001
Commenced	5 July 2001
Effective	[15 January 2002, P.U. (B) 15/2002]
Legislative history
First chamber: Dewan Rakyat
Bill title	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
Second chamber: Dewan Negara
Bill title	Anti-Money Laundering Bill 2001
Bill citation	D.R. 15/2001
Member(s) in charge	Shafie Salleh, Deputy Minister of Finance
First reading	14 May 2001
Second reading	5 June 2001
Third reading	6 June 2001
Amended by
	Anti-Money Laundering (Amendment of Second Schedule) Order 2002 [P.U. (A) 18/2002]; Anti-Money Laundering (Amendment of First Schedule) Order 2003 [P.U. (A) 13/2003]; Anti-Money Laundering (Amendment of Second Schedule) Order 2003 [P.U. (A) 14/2003]; Anti-Money Laundering (Amendment of First Schedule) Order 2004 [P.U. (A) 338/2004]; Anti-Money Laundering (Amendment of Second Schedule) Order 2004 [P.U. (A) 339/2004]; Anti-Money Laundering (Amendment of First Schedule) Order 2005 [P.U. (A) 111/2005]; Anti-Money Laundering (Amendment of Second Schedule) Order 2005 [P.U. (A) 112/2005]; Anti-Money Laundering (Amendment of First Schedule) (No. 2) Order 2005 [P.U. (A) 416/2005]; Anti-Money Laundering (Amendment of Second Schedule) (No 2) Order 2005 [P.U. (A) 417/2005]; Anti-Money Laundering (Amendment of First Schedule) Order 2006 [P.U. (A) 292/2006]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2003 [Act A1208]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) Order 2007 [P.U. (A) 101/2007]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2007 [P.U. (A) 102/2007]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No. 2) Order 2007 [P.U. (A) 105/2007]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No. 3) Order 2007 [P.U. (A) 385/2007]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) (No. 2) Order 2007 [P.U. (A) 435/2007]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2009 [P.U. (A) 327/2009]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No.2) Order 2009 [P.U. (A) 400/2009]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2010 [P.U. (A) 343/2010]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) Order 2010 [P.U. (A) 402/2010]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2011 [P.U. (A) 153/2011]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2012 [P.U. (A) 144/2012]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2014 [P.U. (A) 143/2014]; Anti-Money Laundering and Anti-Terrorism Financing (Invocation of Part IV) Order 2014 [P.U. (A) 144/2014]; Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014 [Act A1467]; Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment of First Schedule) Order 2014 [P.U. (A) 291/2014]; Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment of Second Schedule) Order 2014 [P.U. (A) 294/2014]
	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 counter-terrorism legislation. It is 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.
Bank Negara AMLA https://amlcft.bnm.gov.my/the-amla
[Infographic] Implementation Guidance on AML/CFT Policies

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

Parliament of Malaysia
Long title 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
Passed by	Dewan Rakyat
Passed	10 May 2001
Passed by	Dewan Negara
Passed	6 June 2001
Royal assent	25 June 2001
Commenced	5 July 2001
Effective	[15 January 2002, P.U. (B) 15/2002]
Legislative history
First chamber: Dewan Rakyat
Bill title	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
Second chamber: Dewan Negara
Bill title	Anti-Money Laundering Bill 2001
Bill citation	D.R. 15/2001
Member(s) in charge	Shafie Salleh, Deputy Minister of Finance
First reading	14 May 2001
Second reading	5 June 2001
Third reading	6 June 2001
Amended by
Anti-Money Laundering (Amendment of Second Schedule) Order 2002 [P.U. (A) 18/2002] Anti-Money Laundering (Amendment of First Schedule) Order 2003 [P.U. (A) 13/2003] Anti-Money Laundering (Amendment of Second Schedule) Order 2003 [P.U. (A) 14/2003] Anti-Money Laundering (Amendment of First Schedule) Order 2004 [P.U. (A) 338/2004] Anti-Money Laundering (Amendment of Second Schedule) Order 2004 [P.U. (A) 339/2004] Anti-Money Laundering (Amendment of First Schedule) Order 2005 [P.U. (A) 111/2005] Anti-Money Laundering (Amendment of Second Schedule) Order 2005 [P.U. (A) 112/2005] Anti-Money Laundering (Amendment of First Schedule) (No. 2) Order 2005 [P.U. (A) 416/2005] Anti-Money Laundering (Amendment of Second Schedule) (No 2) Order 2005 [P.U. (A) 417/2005] Anti-Money Laundering (Amendment of First Schedule) Order 2006 [P.U. (A) 292/2006] Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2003 [Act A1208] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) Order 2007 [P.U. (A) 101/2007] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2007 [P.U. (A) 102/2007] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No. 2) Order 2007 [P.U. (A) 105/2007] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No. 3) Order 2007 [P.U. (A) 385/2007] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) (No. 2) Order 2007 [P.U. (A) 435/2007] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2009 [P.U. (A) 327/2009] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) (No.2) Order 2009 [P.U. (A) 400/2009] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2010 [P.U. (A) 343/2010] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of First Schedule) Order 2010 [P.U. (A) 402/2010] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2011 [P.U. (A) 153/2011] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2012 [P.U. (A) 144/2012] Anti-Money Laundering and Anti-Terrorism Financing (Amendment of Second Schedule) Order 2014 [P.U. (A) 143/2014] Anti-Money Laundering and Anti-Terrorism Financing (Invocation of Part IV) Order 2014 [P.U. (A) 144/2014] Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014 [Act A1467] Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment of First Schedule) Order 2014 [P.U. (A) 291/2014] Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment of Second Schedule) Order 2014 [P.U. (A) 294/2014]
Status: In force