Regulatory Alerts2021-07-31
Proliferation Financing Risk Assessment 2021
The National Coordination Committee to Counter Money Laundering issued this assessment to evaluate Malaysia's exposure to proliferation financing risks and strengthen its countering framework. The document determines that the country's net risk is medium-low, driven by structural factors like high trade connectivity but mitigated by low sectoral vulnerabilities and acceptable control measures. It recommends establishing national targeted financial sanctions, enhancing institutional risk assessments, and intensifying enforcement capabilities to ensure compliance with international standards.
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