Malaysia’s progress in strengthening measures to tackle money laundering and terrorist financing

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October 31 2018

As a result of Malaysia’s progress in strengthening its framework to tackle money laundering and terrorist financing since their 2015 mutual evaluation, the FATF has re-rated the country on 4 of the 40 Recommendations.

Malaysia has been in an enhanced follow-up process, following the adoption of the mutual evaluation, which assessed the effectiveness of the country’s anti-money laundering and counter-terrorist financing (AML/CFT) measures and their compliance with the FATF Recommendations. In line with the FATF Procedures for mutual evaluations, Malaysia has reported to the FATF on the progress it has made to strengthen its AML/CFT framework.