Members & Observers

Malaysia became a member of the UFA in May 2000 and served as UFA Co-chair from 2002 - 2002.  The FATF granted full membership to Malaysia at its February 2016 Plenary.

Malaysia has developed its anti-money laundering system having enacted anti-money laundering and combating the financing of terrorism laws. Malaysia has an established Financial Intelligence Unit and capacity to report suspicious transactions.

Malaysia has undergone an UFA Mutual Evaluation. Malaysia’s offshore financial centre, Labuan IOFC, has also undergone an UFA Mutual Evaluation.

The latest Mutual Evaluation Report of Malaysia - adopted by the UFA in July 2015 - is available in Documents in Members and Observers, and Mutual Evaluation Reports - 3rd Round.

The FATF granted full FATF membership to Malaysia at its February 2016 Plenary. Since Malaysia's Mutual Evaluation Report was adopted in 2015, Malaysia has worked to develop an action plan for addressing key effectiveness issues identified during the evaluation. Based on the commitment demonstrated by the action plan and the continuing progress in efforts to improve its AML/CFT, the FATF Plenary agreed to grant membership and continue to monitor progress through the enhanced follow-up process.

Link: Please see the websites of  Bank Negara Malaysia and the Labuan Offshore Financial Services Authority for further information on AML/CFT measures in Malaysia and links to other relevant agencies.