The International Comparative Legal Guide to Anti-Money Laundering 2020: Malaysia chapter

21 May 2020

Partner Karen Foong of Rahmat Lim & Partners contributed the Malaysia chapter to The International Comparative Legal Guide to: Anti-Money Laundering 2020 (3rd Edition), published by Global Legal Group, London. Topics covered in the chapter include the legal authority to prosecute money laundering at national level, the government authorities responsible for investigating and prosecuting money laundering criminal offences, the maximum penalties applicable to individuals and legal entities convicted of money laundering, the legal or administrative authorities for imposing anti-money laundering requirements on financial institutions and other businesses, the requirements for recordkeeping or reporting large currency transactions and the criteria for reporting suspicious activity.

Lee Bik Wei and Lee May Ling, Partners of our associate firm in Singapore, Allen & Gledhill, contributed the Singapore chapter.

Minn Naing Oo, Managing Director and Dr Ei Ei Khin, Consultant of the Allen & Gledhill (Myanmar) office, contributed the Myanmar chapter.

Ardian Deny Sidharta, Erie Tobing, Oene Marseille and Aris Prasetiyo of Soemadipradja & Taher, with which Allen & Gledhill has a strategic alliance, contributed the Indonesia chapter.