Malaysia

Amendments to the Anti-Money Laundering Act 2001

Christopher Lee (christopher.lee@wongpartners.com). Quek Sue Yian (sue.yian.quek@wongpartners.com). Wong & Partners,* Kuala Lumpur, Malaysia. *Correspondent Law firm of Baker & McKenzie.

To combat the growing spectre of terrorism, the Malaysian Anti-Money Laundering Act 2001 has recently been amended. The broadening of the scope of the Act is captured by its new long title:-