SentroWeb
Anti-Money Laundering Solutions

Under The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLA), regulated institutions, including accounting, company secretaries and law firms, are required to implement internal AML/CFT Policies, Procedures and Controls (IPPC).

For busy professionals like yourself, or you are not sure how to develop an IPPC document, you can now purchase a customizable AML policy template.

The templates are delivered in Microsoft Word/ Excel format, and are almost 90% complete for your firm to use.  With these templates and training, you can adjust and customize to your firm’s requirements, and be ready for Bank Negara Malaysia (BNM) review!

Contents of IPPC Template:

1. INTRODUCTION
2. POLICY STATEMENT
3. MANAGEMENT OVERSIGHT
4. RISK ASSESSMENT
5. CUSTOMER DUE DILIGENCE (“CDD”)
6. ENHANCED CUSTOMER DUE DILIGENCE
7. RECORD KEEPING
8. ON-GOING MONITORING
9. REPORTING A SUSPICIOUS TRANSACTION
10. AUDIT AND COMPLIANCE
11. HIRING OF NEW STAFF AND TRAINING
APPENDIX A. AML/CFT ROLES & RESPONSIBILITIES
APPENDIX B. RISK ASSESSMENT
APPENDIX C. INDICATORS OF SUSPICIOUS TRANSACTIONS

Customer Due Diligence Forms:

Form 1 Customer Information
Form 2 Client’s Particulars (Individual or Entity)
Form 3 Politically Exposed Person Information
Form 4 Risk Assessment