Maybank Group is at the forefront of the Government and Bank Negara Malaysia's continuous initiatives and efforts in the prevention of the use of the banking system for illicit, laundering and terrorism financing activities.
The Group demonstrates its commitment to high standards of compliance with the Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) requirements by establishing a comprehensive policy, procedures, processes and systems for the prevention and detection of money laundering and terrorist financing activities.
The AML/CFT programme is subject to periodic reviews to ensure that it remains robust and complies with the requirements of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA 2001) as well as its AML/CFT-related guidelines.
Key measures undertaken in Maybank Group include having in place the following:
Entities within the Group, regardless of geographic locations, are committed to ensuring compliance with the Group-wide AML/CFT Policy as well as applicable AML/CFT legislations within the jurisdiction they operate.
The Group will provide all possible assistance to enforcement agencies and competent authority in the investigation of money laundering and/or financial crime.