Malaysia

Member since 2016

Ratings

Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of the FATF Recommendations.

Malaysia Follow-Up Report - 2018

R.1 - Assessing risk & applying risk-based approach
LC
R.2 - National cooperation and coordination
C
R.3 - Money laundering offence
LC
R.4 - Confiscation and provisional measures
LC
R.5 - Terrorist financing offence
C
R.6 - Targeted financial sanctions related to terrorism & terrorist financing
C
R.7 - Targeted financial sanctions related to proliferation
C
R.8 - Non-profit organisations
LC
R.9 - Financial institution secrecy laws
LC
R.10 - Customer due diligence
C
R.11 - Record keeping
LC
R.12 - Politically exposed persons
LC
R.13 - Correspondent banking
LC
R.14 - Money or value transfer services
C
R.15 - New technologies
C
R.16 - Wire transfers
C
R.17 - Reliance on third parties
LC
R.18 - Internal controls and foreign branches and subsidiaries
C
R.19 - Higher-risk countries
C
R.20 - Reporting of suspicious transactions
C
R.21 - Tipping-off and confidentiality
C
R.22 - DNFBPs: Customer due diligence
LC
R.23 - DNFBPs: Other measures
LC
R.24 - Transparency and beneficial ownership of legal persons
PC
R.25 - Transparency and beneficial ownership of legal arrangements
PC
R.26 - Regulation and supervision of financial institutions
C
R.27 - Powers of supervisors
C
R.28 - Regulation and supervision of DNFBPs
LC
R.29 - Financial intelligence units
C
R.30 - Responsibilities of law enforcement and investigative authorities
C
R.31 - Powers of law enforcement and investigative authorities
C
R.32 - Cash couriers
C
R.33 - Statistics
C
R.34 - Guidance and feedback
C
R.35- Sanctions
LC
R.36 - International instruments
LC
R.37 - Mutual legal assistance
LC
R.38 - Mutual legal assistance: freezing and confiscation
LC
R.39 - Extradition
LC
R.40 - Other forms of international cooperation
LC

C = compliant   |   LC = largely compliant     |   PC = partially compliant   |   NC = non-compliant

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

Malaysia Mutual Evaluation - 2015

IO1
SE
IO2
ME
IO3
SE
IO4
ME
IO5
ME
IO6
SE
IO7
ME
IO8
ME
IO9
ME
IO10
SE
IO11
ME

HE = high level of effectiveness   |   SE = substantial level of effectiveness    |   ME = moderate level of effectiveness   |   LE = low level of effectiveness

5th Round Mutual Evaluation

Malaysia

Assessment Body
FATF-APG
Last evaluation
2015-09-01 00:00
Possible onsite period
2025-02-03 00:00
Possible Plenary discussion
2025-10-01 00:00

Other related content 

  • 30 Oct 2018

    Malaysia’s progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses Malaysia’s progress in addressing certain technical compliance deficiencies which were identified in Malaysia’s mutual evaluation report. The report also analyses Malaysia’s progress in implementing new requirements relating to FATF Recommendations which have changed since Malaysia’s assessment.
  • 19 Oct 2018

    Outcomes FATF Plenary, 17-19 October 2018 Under the Presidency of Mr. Billingslea of the United States, delegates discussed among other issues: combating the financing of terrorism, the Mutual Evaluation of Israel and the United Kingdom, regulation of virtual assets.
  • 19 Feb 2016

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  • 18 Sep 2015

    Malaysia's measures to combat money laundering and terrorist financing Overall, Malaysia has a robust legal AML/CFT framework with generally well-developed and implemented policies. Malaysia is an observer to FATF and is working with the FATF to meet the criteria for membership. In line with these criteria, Malaysia must bring its level of compliance up to a satisfactory level. To strengthen its AML/CFT framework, it needs to take a number of actions, such as further risk assessments of terrorist financing and foreign sources threats, a greater focus on obtaining convictions and confiscation and better use of financial intelligence by law enforcement agencies.
  • 26 Jun 2015

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  • 25 Jul 2007

    Mutual Evaluation of Malaysia Malaysia is a member of APG, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in Malaysia was conducted by APG.

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