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• Date: 15 & 16 January 2025

• Time: 9am - 5:30pm

• Venue: Empire Hotel Subang Jaya, Selangor

 

Attend this highly rated programme and learn how to:

• Apply comprehensive anti-money laundering (AML) and counter-financing of terrorism (CFT) frameworks in accordance with Malaysian regulations and international standards
• Implement eective Know Your Customer (KYC) procedures and conduct thorough Customer Due Diligence (CDD)
• Identify and assess money laundering and terrorism financing risks within their organisation
• Detect and report suspicious transactions following statutory requirements
• Design and implement eective internal controls and compliance programmes
• Understand the requirements of Malaysia's AMLA 2001 and related regulations
• Apply risk-based approaches to managing Politically Exposed Persons (PEPs)
• Develop strategies for preventing financial fraud and market abuse
• Execute effective transaction monitoring and screening procedures
• Implement best practices for record-keeping and documentation
• Coordinate internal and external reporting mechanisms
• Manage regulatory examinations and investigations effectively

EXCLUSIVE 2 + 1 OFFER !

Register 3 participants for the price of 2 only !

Strengthen your organisation's anti-money laundering compliance framework by registering 3 team members for the price of 2 only ! Create a resilient compliance culture through collaborative learning and consistent implementation of AML/CFT practices across your organisation.

This programme is ideal for professionals who

The knowledge and skills gained from this programme are particularly valuable for professionals involved in:

• Anti-Money Laundering (AML) and Compliance roles
• Risk management, particularly those focused on financial risk
• Internal audit functions and controls
• Legal advisory and regulatory compliance positions
• Financial oversight and management
• Banking operations and financial services
• Corporate governance and oversight functions

Introduction

In today's interconnected global economy, money laundering and terrorism financing pose critical threats to financial stability and national security. The impact on developing economies is particularly severe. Malaysia has witnessed a concerning 38% increase in suspicious transaction reports (STRs) in 2023, with over RM4.2 billion in suspicious transactions reported, according to Bank Negara Malaysia's Financial Intelligence and Enforcement Department. These statistics underscore the urgent need for strong financial safeguards and skilled professionals who can implement them effectively.

This intensive two-day programme goes beyond basic compliance, oering an experiential learning approach developed by industry experts. Participants will gain:

• Practical insights into the latest regulatory frameworks and protocols
• Advanced detection and prevention strategies
• Skills to implement eective compliance programmes
• Understanding of emerging threats and countermeasures

Our programme specifically addresses the complexities of the Asian financial landscape while maintaining alignment with global standards. Through interactive sessions and real-world case studies, participants will develop the expertise needed to protect their organisations and contribute to the integrity of the broader financial system.

"Money laundering is not just a financial crime – it's a gateway that enables virtually every other type of serious criminal enterprise." - Financial Action Task Force (FATF) President T. Raja Kumar, 2023

Course Director

Garry Chow is a senior lawyer who transitioned from being a motoring journalist to creative director, and finally to certified trainer-coach and mediator. With over 27 years in the communication sector, he has worked in various roles from employee to business owner and consultant advisor. He currently serves as CEO of Asia Mediation Centre, providing alternative dispute resolution through mediation.

For more than 20 years, he has conducted training and consulting across numerous countries including Oman, Brunei Darussalam, Singapore, Thailand, Japan, Australia, Hong Kong, Taiwan and the United Kingdom. He specialises in developing and customising transformational training to meet clients' needs.

As a founder of several businesses, Garry brings first-hand understanding of entrepreneurs' challenges. He currently mentors several start-ups and serves as Past Vice President of Malaysian Association of Professional Speakers (MAPS), affiliated with Global Speakers Federation (GSF). He is also a member of Malaysia Association of Professional Trainers & Coaches (MAPTaC) and has been coaching TEDx speakers since 2013.

His commitment to social responsibility includes roles as Honorary Secretary for the British Graduates Association of Malaysia (BGAM), where he has been a Life Member since 2006. He serves as a Certified & Head Trainer for Junior Chamber International (JCI) and as Alumni Ambassador for the University of Wolverhampton, UK.

Garry's enthusiastic and engaging style enables him to connect eectively with all organisational levels. He captivates audiences through his subject knowledge, humour and practical approach to learning. His credible communication style is equally effective in boardroom and front-line settings. Organisations that have benefitted from his training and coaching include ACCA, Accenture, Bank Negara Malaysia, Brunei Government, Canon, DHL, DRB-Hicom, Ericsson, IBM, JTI, Pfizer, Proton, Sarawak Energy, Shell, Sime-Darby, Standard Chartered, TIME, Tourism Malaysia and many more.

Drawing from his extensive experience working with diverse organisations across Asia and beyond, Garry brings a practical, engaging approach that makes complex regulatory requirements both accessible and memorable.

Training Agenda

Day One 

 09.00 am - 10.30 pm

Module 1: Icebreaker and Course Objectives

• Introduction to course structure, learning outcomes and assessment methodology
• Interactive session to understand participants' exposure to AML/CFT
• Establishment of learning objectives and expectations for the programme

10:45 1m - 12:30 pm

Module 2: Perception of Money Laundering

• Understanding the concept, historical evolution, and impact of money laundering on global financial systems
• Analysis of common myths, misconceptions, and sophistication of modern money laundering techniques
• Examination of primary motivations including criminal proceeds concealment, tax evasion, terrorist financing, corruption, and organised crime networks
• Overview of anti-money laundering rules, jurisdictional variations, and implementation standards

1:30 pm -  3:30 pm

Module 3: Fundamentals of Anti-Money Laundering & Counter Financing of Terrorism

• Comprehensive examination of money laundering stages, terrorism financing mechanisms and proliferation financing concepts
• Risk identification, categorisation, assessment methodologies and mitigation strategies
• Review of international frameworks including FATF Recommendations, Basel Committee Guidelines, and UN Conventions
• Analysis of legal frameworks, regulatory bodies, reporting obligations, and enforcement mechanisms

3:45 pm - 5:30 pm

Module 4: Compliance Strategies

• Development and implementation of compliance programmes, risk-based approaches, and documentation requirements
• Implementation of customer identification procedures, verification methodologies and monitoring processes - Know Your Customer (KYC) and, Identification and Verification (ID&V) Rules
• Analysis of strategic implications, client relationship management, and human resource considerations
• The Devil’s Advocate of Bangsar
• Group Exercise

Day Two 

09.00 am - 10.30 pm

Module 5: Recognising and Reporting Suspicious Transactions

• Statutory Obligations
• Identification of red flag indicators, pattern recognition, and customer behaviour monitoring
• Implementation of internal and external reporting procedures with confidentiality obligations
• Recognition of high-risk indicators, customer types, transaction patterns, and emerging risks
• Maintenance of proper record keeping and documentation systems
• Group Activity

10:45 1m - 11:30 pm

Module 6: Money Laundering Detection Techniques

• Implementation of preventive measures, detection systems, and due diligence procedures
• Application of standard and enhanced customer due diligence requirements
• Management of politically exposed persons (PEPs), screening procedures, and monitoring systems
• Investigation of alerts and suspicious activities
• Group Exercise

11:30 am - 12:30 pm

Module 7: Malaysia-Specific AML Framework

• Detailed examination of AMLA 2001 provisions, reporting obligations, enforcement powers, and recent updates
• Understanding of Bank Negara Malaysia guidelines, compliance requirements, and enforcement actions
• Overview of Malaysian Financial Intelligence Unit's role, reporting mechanisms, and cooperation frameworks
• Analysis of Malaysian money laundering typologies, enforcement actions, and best practices

1:30 pm - 3:30 pm

Module 8: Effective Implementation & Compliance

• Practical implementation considerations including system integration, resource allocation, and performance monitoring
• Establishment of communication channels, reporting mechanisms, and stakeholder engagement
• Integration of AML software solutions, monitoring systems, and record keeping tools
• Development of legal defences, compliance documentation, and response procedures
• Group Activity

3:45 pm - 5:30 pm

Module 9: Course Conclusion and Way Forward

• Review of key learning
• Interactive Q&A session
• Development of individual action plans
• Course evaluation and feedback