Malaysia-AML, ATF and Proceeds of Unlawful Activities (Declaration of Specified Entities and Reporting Requirements) (Amendment) Order 2016

AML, ATF and Proceeds of Unlawful Activities (Declaration of Specified Entities and Reporting Requirements) (Amendment) Order 2016






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Circular No 242/2016
Dated 28 Oct 2016
To Members of the Malaysian Bar
AML, ATF and Proceeds of Unlawful Activities (Declaration of Specified Entities and Reporting Requirements) (Amendment) Order 2016
We refer to Circular No 097/2014 dated 30 April 2014, which informed Members that the Anti-Money Laundering and Anti-Terrorism Financing (Declaration of Specified Entities and Reporting Requirements) Order 2014 ("Order 2014") had come into force on 7 Apr 2014.
We also refer to Circular No 272/2014 dated 4 Dec 2014, which informed Members that Order 2014 had been amended by the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Declaration of Specified Entities and Reporting Requirements) (Amendment) Order 2014 ("Amendment Order 2014").
Please click here to access Circular No 097/2014, and here to access Circular No 272/2014.
The Ministry of Home Affairs ("MoHA") has informed us, in a notification dated 9 Sept 2016 ("MoHA notification"), that the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Declaration of Specified Entities and Reporting Requirements) (Amendment) Order 2016 ("Amendment Order 2016") came into effect on
6 Sept 2016.
In Amendment Order 2016, the Home Minister has declared an additional six individuals and two groups as "Specified Entities".  Amendment Order 2016 thus amends the First Schedule of Order 2014, wherein the number of individuals and of groups listed now stands at 45 and 20, respectively.
The MoHA notification also states that reporting institutions are required to crosscheck the names listed in the First Schedule against the names of individuals and groups in their databases, as well as to take the actions specified in paragraphs 3 and 4 of the MoHA notification, in respect of any match.
The relevant portion of MoHA's notification is reproduced below, and copies of the MoHA notification and Amendment Order 2016 are attached.  The Amendment Order is also available here on the e-Federal Gazette portal.
Should you have any enquiries, kindly contact Marianna Laureen Tan, Executive Officer, by telephone at 03-2050 2086, or by email at ml.tan@malaysianbar.org.my.
Thank you.
Karen Cheah Yee Lynn
Secretary
Malaysian Bar
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Tarikh: 9 September 2016
PERINTAH PENCEGAHAN PENGUBAHAN WANG HARAM, PENCEGAHAN PEMBIAYAAN KEGANASAN DAN HASIL DARIPADA AKTIVITI HARAM (PENGISYTIHARAN ENTITI DITENTUKAN DAN KEHENDAK UNTUK MELAPOR)(PINDAAN) 2014
Adalah saya dengan hormatnya merujuk kepada perkara di atas dan memaklumkan bahawa Menteri Dalam Negeri mengikut Seksyen 66B, Akta Pencegahan Pengubahan Wang Haram, Pencegahan Pembiayaan Keganasan dan Hasil Daripada Aktiviti Haram 2001 (Akta 613) telah membuat Perintah di atas bagi mengisytiharkan tambahan 6 individu dan 2 kumpulan sebagai entiti ditentukan. Perintah ini mula berkuat kuasa pada 6 September 2016.
2.         Perintah ini menghendaki aset milik individu dan kumpulan yang tersenarai di dalam Jadual Pertama Perintah dibekukan tanpa kelengahan. Sehubungan dengan itu, pihak YBhg. Tan Sri/Datuk/Dato'/Tuan/Puan diminta untuk menyemak senarai nama di dalam Jadual Pertama dan membandingkan dengan senarai nama individu dan kumpulan yang berada di dalam pangkalan data masing-masing.
3.         Jika terdapat padanan nama, Institut Pelapor di bawah kawal selia pihak YBhg. Tan Sri/Datuk/Dato'/Tuan/Puan hendaklah dengan serta-merta membekukan aset-aset milik individu atau kumpulan tersebut dan melaporkan kepada Pihak Berkuasa Kawal Selia dan Pengawasan Berkaitan masing-masing.
4.         Di samping itu, di mana aset telah dibekukan, Institut Pelapor turut dikehendaki melaporkan sebarang transaksi yang mencurigakan kepada Jabatan Perisikan Kewangan dan Penguatkuasaan, Bank Negara Malaysia.

5.         Bagi memudahkan semakan, senarai nama berkenaan dilampirkan bersama-sama surat ini.  Salinan perintah ini (P.U.(A) 93/2014) juga boleh didapati di laman web Jabatan Peguam Negara seperti berikut: http://www.federalgazette.agc.gov.my/index.php.
This circular and the attachment may also be accessed here.
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