Annual Report 2020
Annual Report 2019

FinTRACA and Financial Intelligence Unit of Bank Negara Malaysia Signs Memorandum of Understanding for Cooperation on Information Exchange Concerning Money Laundering and Terrorism Financing

Date: 19th August, 2019

Place: Canberra, Australia

In accordance with article #31 of Anti-money Laundering and Proceeds of Crime Law of Afghanistan, FinTRACA has signed the memorandum of understanding (MoU) with financial intelligence unit of Bank Negara Malaysia concerning cooperation in the exchange of information on money laundering, terrorism financing, and other associated predicate offences during the APG annual meeting in the capital of Australia, Canberra city on 19th August, 2019.

The MoU was signed in a spirit of cooperation and mutual interest and within the framework of each authority’s national laws, to facilitate the exchange of information on combating money laundering and terrorist financing and other associated predicate offences.

The MOU will enable both FIUs on the collection, analysis and facilitating exchange of financial intelligence spontaneously or upon request in support of investigation related to ML/TF and other associated predicate offences.

This is marked the 20th signing ceremony between FinTRACA and its foreign counterpart FIUs so far.