{"id":2841,"date":"2019-10-09T10:31:16","date_gmt":"2019-10-09T02:31:16","guid":{"rendered":"https:\/\/sellgoldmalaysia.com\/?page_id=2841"},"modified":"2019-10-09T13:48:00","modified_gmt":"2019-10-09T05:48:00","slug":"amla-policy","status":"publish","type":"page","link":"https:\/\/sellgoldmalaysia.com\/bm\/amla-policy\/","title":{"rendered":"AMLA Policy"},"content":{"rendered":"<p><strong>AML\/CFT\nPOLICY<\/strong><\/p>\n\n\n\n<p><strong>Anti-Money\nLaundering\/Counter Financing Of Terrorism (AML\/CFT) Policy<\/strong><\/p>\n\n\n\n<p>My Bullion Trade complies with the Government and Bank Negara Malaysia\u2019s\ncontinuous initiatives and efforts in the prevention of the use of the\nDesignated Non-Financial, Businesses and Professions (DNFBPs) system for illicit,\nlaundering and terrorism financing activities.<\/p>\n\n\n\n<p>MY Bullion Trade demonstrates its full commitment and support to\nhigh standards of compliance with the Anti-Money Laundering\/Counter Financing\nof Terrorism (AML\/CFT) requirements by establishing a Know Your Customer (KYC)\npolicy, procedures and processes for the prevention and detection of money\nlaundering and terrorist financing activities.<\/p>\n\n\n\n<p>MY Bullion Trade AML\/CFT programme adopting a risk-based approach is\nsubject to periodic reviews to ensure that it remains robust and complies with\nthe requirements of the Anti-Money Laundering, Anti-Terrorism Financing and\nProceeds of Unlawful Activities Act 2001 (AMLATFA 2001), regulatory guidelines,\nthe Financial Action Task Force (FATF) Recommendations as well as other\napplicable<\/p>\n\n\n\n<p>International best practices.<\/p>\n\n\n\n<p>Key measures undertaken in MY Bullion Trade include having in place\nthe following:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Customer Due Diligence measures\nwhich emphasise the importance of ascertaining customer\u2019s identity and\nestablishing the ultimate economic beneficiary via documentary mechanisms;<\/li><li>Filtering system to scrutinise\ncustomers\u2019 transactions for reporting of suspicious activities to the Financial\nIntelligence and Enforcement Department (FIED), Bank Negara Malaysia on timely\nbasis;<\/li><li>Provision of full and timely\ndisclosure of suspicious transactions\/circumstances to the relevant authorities\nas provided under all applicable laws\/respective jurisdictions; and<\/li><li>Record keeping of all\nidentification\/transaction details obtained for the purpose of customer identification\nas well as of all documents in accordance with statutory requirements.<\/li><\/ul>\n\n\n\n<p>MY Bullion Trade fully co-operates with the enforcement agencies and\ncompetent authority in the investigation of money laundering and\/or financial\ncrime.<\/p>\n\n\n\n<p>Signed by AML\/CFT Compliance Officer:<br><\/p>\n\n\n\n<p>MOHD ZAIFUDDIN ARIF BIN ZAINAL ABIDIN<\/p>\n\n\n\n<p>Date: 3 January 2019<\/p>\n\n\n\n<p>.<\/p>","protected":false},"excerpt":{"rendered":"<p>AML\/CFT POLICY Anti-Money Laundering\/Counter Financing Of Terrorism (AML\/CFT) Policy My Bullion Trade complies with the Government and Bank Negara Malaysia\u2019s continuous initiatives and efforts in the prevention of the use of the Designated Non-Financial, Businesses and Professions (DNFBPs) system for illicit, laundering and terrorism financing activities. MY Bullion Trade demonstrates its full commitment and support&hellip;&nbsp;<a href=\"https:\/\/sellgoldmalaysia.com\/bm\/amla-policy\/\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">AMLA Policy<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"class_list":["post-2841","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/pages\/2841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/comments?post=2841"}],"version-history":[{"count":0,"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/pages\/2841\/revisions"}],"wp:attachment":[{"href":"https:\/\/sellgoldmalaysia.com\/bm\/wp-json\/wp\/v2\/media?parent=2841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}