Bank Negara Malaysia (BNM) continues to strengthen compliance within the DNFBP sectors through the imposition of enforcement actions for non-compliance with AML/CFT/CPF requirements. Recently, BNM took enforcement action against two RIs from the company secretarial sector for failing to meet specific AML/CFT/CPF compliance obligations. 

BNM has also taken other forms of enforcement action, including the issuance of Directive Orders (DO) to several RIs across different DNFBP sectors, namely registered estate agents (REA), lawyers, company secretaries, and dealers in precious metals or precious stones (DPMS). These actions were taken in response to significant gaps identified in the implementation of AML/CFT/CPF requirements. The DOs require the RIs to implement specific corrective measures until all gaps are fully remediated. Failure to comply with a DO may result in stricter enforcement actions, including the imposition of monetary penalties.  

RIs are expected to demonstrate strong commitment and accountability in fulfilling their AML/CFT/CPF obligations. BNM remains firm in its supervisory stance and will take appropriate action against DNFBPs that fail to meet regulatory expectations. 

The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities (Amendment) Act 2025 came into force on 1 March 2026.  

Since its enactment in 2001, the Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) has been amended several times to address evolving risks and to ensure continued alignment with the latest international standards. 

The recent amendments aim, among others, to enhance the compliance culture of RIs by providing greater clarity on reporting obligations, strengthening accountability and expanding the scope to include the anti-restricted activity (or anti-proliferation) financing regime. In addition, the amendments aim to ensure proportionate enforcement by introducing a broader range of actions that may be taken for non-compliance with Act 613, including the imposition of an administrative monetary penalty (AMP) of up to RM1 million for each offence committed.   

For further information, RIs may refer to the link below for the relevant documents: 

• AMLA 2001 (BM) (ENG)

• ACT A1761 (BM) (ENG)

• P.U. (B) 76/2026 (Link)

For RIs that have yet to appoint a CO or notify BNM of any changes to the appointed CO, you may do so via the following link: Compliance Officer Notification Form 

RIs may refer to the infographic on the roles and responsibilities of the CO via the link: Compliance Officer Guide

Or call us at: 1-300-88-5465