The International Comparative Legal Guide to Anti-Money Laundering 2019: Malaysia Chapter

22 May 2019

Raymond Yong, Partner, and Karen Foong, Principal of Rahmat Lim & Partners contributed the Malaysia chapter to The International Comparative Legal Guide to: Anti-Money Laundering 2019 (2nd 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.

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