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EDUCO120402B-Anti Money Laundering and Anti Terrorism Financing _2012-026



Anti Money Laundering and
Anti Terrorism Financing
—Public Accountant and
Company Secretarial Services
Public accountants and company secretaries are gazetted as reporting institutions under the anti money
Laundering and anti terrorism Financing act 2001 (amLatFa), requiring these practices to implement
compliance measures and report suspicious transactions. It is therefore vital for such practices to be
informed on the compliance requirements, current development in money laundering techniques and anti
money laundering measures in order to recognise suspicious transactions.

2 April 2012 (Monday), Traders Hotel Penang
4 April 2012 (Wednesday), Concorde Hotel, Kuala Lumpur

                                      Proud host

Anti Money Laundering and Anti Terrorism Financing
—Public Accountant and Company Secretarial Services

objeCTiveS                                                    MeTHodoLogy

the participants will learn:                                  Lectures, discussions and case studies
• What money laundering is and how the practice can be used
  as a conduit for such activity;
• to implement a compliance framework and risk based          WHo SHouLd ATTend
  approach in their practice;
• to recognise suspicious transactions;                       •   accountants and Company secretaries in public practice
• the consequence for noncompliance and tipping off.          •   auditors
                                                              •   staff of accounting and company secretarial public practices
                                                              •   accountants employed in reporting institutions
CourSe ouTLine

Money Laundering and Terrorism financing                      FACiLiTATor
• What is money laundering?
• What is terrorism? Who is a terrorist? What constitutes     WiLLiAM Leong
  terrorism financing?
                                                              mr William Leong is an ex banker (21 years), a Chartered accountant
The Money Laundering process and techniques                   and a fellow member of the association of Chartered Certified
• the money laundering process                                accountants (aCCa) and holds a professional qualification of the
• techniques launderers use                                   Institute of Chartered secretaries and administrators (ICsa) united
                                                              Kingdom. he has also completed the ‘advance Bank management’
risks of money laundering and terrorism financing to the      programme in asian Institute of management, manila in 1995.
Public Practice
• activities/transactions that come under the amLatFa         mr Leong has also recently completed the masters in Counseling
• types of risks                                              porgramme with heLP university.

objectives of the Anti Money Laundering and Anti Terrorism    mr Leong was the assistant credit manager of a large foreign based
Financing Act 2001 (AMLATFA)                                  bank for several years. he has also been the manager of 3 large
• amLatFa compliance framework                                branches. mr Leong’s last position before leaving the bank in 2001 to
• Bnm sectorial guidelines for the public practice            be involved in training was Vice President. mr Leong is an enthusiastic
                                                              speaker and conducts for corporations, banks and professional
Managing Money Laundering and Terrorism Financing risks       bodies, workshops and seminars in finance, management and
• risk profiling approach                                     business skills. he is particularly interested in the area of fraud and
• the compliance officer's role                               has conducted numerous workshops on business and operations
• other employee's role                                       fraud including 'avoiding Cheque risks and Fraud' and 'anti money
                                                              Laundering and anti terrorism Financing'.
'on The job' vigilance Measures for Staff
• Customer's identification policy                            mr Leong has conducted credit programmes in local banks and also
• Customer's acceptance and customer due diligence            in Vietnam and Brunei.
• risk profiling in recognising suspicious transactions
  – high risk customers                                       mr Leong was a financial accountant with an international shipping
  – high risk place of origin                                 company before joining the bank. he has also worked for a short stint
  – high risk transactions                                    in an insurance company and still holds the practicing certificates in
• transactions monitoring measures                            both general and life insurance. he is a member of the malaysian
• suspicious transaction reporting—elevation process          Institute of accountants and an associate member of IBBm.

Consequences of noncompliance
• noncompliance to provisions of amLatFa
• record keeping
• tipping off

Protection for informers
• secrecy provision overridden
Anti Money Laundering and Anti Terrorism Financing                                                                                     regiSTrATion ForM
—Public Accountant and Company Secretarial Services                                                                                    Please o the appropriate checkboxes.

                                                                                                                                       ProgrAMMe deTAiLS
Participant 1 Full name as per I/C (dato' / datin / dr / mr / mrs / ms):
                                                                                                                                       ProgrAMMe Fee
                                                                                                                                       member                                            | rm 450
                                                                                                                                       member Firm’s staff or sponsored staff 1 | rm 500
designation:                                                       membership no.1:                                                    non-member                                        | rm 550

o Vegetarian meal        |    * Participant's Classification:      o member          o sponsored staff    1
                                                                                                               o non-member

                                                                                                                                       ProgrAMMe dATeS, venue And ConTACT
Participant 2 Full name as per I/C (dato' / datin / dr / mr / mrs / ms):
                                                                                                                                       o 2 April 2012 (Monday)
                                                                                                                                         Traders Hotel Penang

designation:                                                       membership no.1:                                                    Contact      :   sylvia anthony
                                                                                                                                       tel          :   04 261 3320
o Vegetarian meal        |    * Participant's Classification:      o member          o sponsored staff1        o non-member            Fax          :   04 261 3321
                                                                                                                                       email        :
Participant 3 Full name as per I/C (dato' / datin / dr / mr / mrs / ms):                                                               add          :   malaysian Institute of accountants
                                                                                                                                                        suite 3.4, Level 3, Wisma great eastern
                                                                                                                                                        25 Lebuh Light, 10200 Penang

designation:                                                       membership no.1:
                                                                                                                                       o 4 April 2012 (Wednesday)
                                                                                                                                         Concorde Hotel, Kuala Lumpur
o Vegetarian meal        |    * Participant's Classification:      o member          o sponsored staff    1
                                                                                                               o non-member
                                                                                                                                       Contact      :   Vera
orgAniSATion'S deTAiLS                                                                                                                 tel          :   03 2279 9358
                                                                                                                                       Fax          :   03 2273 5167
organisation:                                                                                                                          email        :
                                                                                                                                       add          :   malaysian Institute of accountants
Industry:                                                          Contact Person:                                                                      dewan akauntan
                                                                                                                                                        no. 2, Jalan tun sambanthan 3,
                                                                                                                                                        Brickfields, 50470 Kuala Lumpur

email:                                                             tel:                            Fax:

signature & Company stamp:


Payment by Cheque
Bank & Cheque no.:                                                                                amount rm:

Payment by Credit Card                                                                            o Visa          o master

Cardholder's name:

Card no.:                                                                                         expiry date:

I authorise Payment of rm:

Cardholder's signature:                                                                           date:

Our programmes can be customised to meet your in-house training requirements. Please call for details.

TerMS & CondiTionS
ProgrAMMe Fee                                                                                          PArTiCiPAnT'S CLASSiFiCATion*
Fee is payable to:                                                                                     Please select the participant classification carefully as it determines the fee payable. no
a. MiA-MPdC for programmes in the Klang Valley and other locations (other than in item b); or alteration will be allowed after the registration is accepted. terms and conditions apply.
b. MALAySiAn inSTiTuTe oF ACCounTAnTS for programmes in Perlis, Penang, Kedah,
   Johor, sabah and sarawak.                                                                           For 1Sponsored Staff, sponsoring member is required to indicate his/her name, designation and
Fee includes course materials, lunch and 2 tea breaks per day.                                         membership number in the registration form. the sponsored staff must report directly to him/her
admittance will only be permitted upon receipt of full payment.                                        in his/her firm or company, but for the latter, not in a subsidiary or related company.
registration made by fax must be followed immediately by payment.
                                                                                                       CerTiFiCATe oF ATTendAnCe And CPe HourS
CAnCeLLATion / TrAnSFer                                                                                all participants will be presented with a Certificate of attendance upon full attendance and
upon registering, participant(s) are considered successfully enrolled in the event. should personal completion of the programme. For mIa members, the CPe hours will be credited into the
participant(s) decide to cancel/transfer their enrollment; a cancellation/transfer fee will be levied. membership system within 2 weeks of the programme.

Written cancellations/transfer notice received:                                                      diSCLAiMer
• Five (5) working days before the event, a refund (less administrative charge of 20%) will be made. malaysian Institute of accountants (mIa) reserve the right to change the speaker(s), date(s) and
• For no-show on the day of the event, no refund will be entertained.                                to cancel the programme should circumstances beyond its control arises. mIa also reserve
You can substitute an alternate participant(s) if you wish to avoid cancellation/transfer charges. the right to make alternative arrangements without prior notice should it be necessary to do
any difference in fees will be charged accordingly. Cancelled/transferred unpaid registrations so. upon signing the registration form, you are deemed to have read and accepted the terms
will also be liable for full payment of the registration fee.                                        and conditions.

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