Refer below for Bank Negara Malaysia's newsletter on Data Compliance Report 2024.
Data and Compliance Report (DCR) 2024
We’re pleased to announce that the Data and Compliance Report (DCR) submission period for 2024 is three months, from 15 October 2024 to 15 January 2025. The submission can be made via our online DCR portal. Please note that access to the portal will be available once the submission period begins.
The DCR 2024 is sector-specific, and only the following sectors are required to submit their data:
1. Accountants
2. Company secretaries
3. Dealers in precious metals/stones
4. Lawyers and notaries public
5. Registered estate agents
* Other sectors are NOT required to submit DCR 2024
How can you prepare for DCR 2024?
1. Appoint your Compliance Officer
Ensure that the firm has appointed a Compliance Officer (CO) & notify BNM of the appointment through this link:
https://amlcft.bnm.gov.my/co/ * For firms who have nominated the CO and notified BNM of the appointment before, you are NOT required to resubmit your notification.
2. Check your CO number
Ensure to receive the CO number issued by BNM via the firm’s registered email upon successful notification. Kindly email to [email protected] if you have yet to receive your CO number.
3. Prepare 2022 and 2023 data for submission
You are required to provide your institution’s data for period of 2022 and 2023 for the submission of DCR 2024. For those who have submitted DCR 2022, you may refer to DCR 2022 questions to assist you in preparing the necessary data for DCR 2024.
Please be reminded that reporting institutions are responsible for ensuring the accuracy of the data submitted. Non-submission of the DCR may result in enforcement actions pursuant to Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA), Financial Services Act 2013 (FSA) or Islamic Financial Services Act 2013 (IFSA), where applicable.
· Bank Negara Malaysia ·
· Financial Intelligence and Enforcement Department · Jalan Dato' Onn · Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur 50480 · Malaysia ·
