Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeeds of Unlawful Activities Act 2001 s 13
Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeeds of Unlawful Activities Act 2001 s 13
s 13 Record-keeping by reporting institutions
(1) A reporting institution shall keep a record of any transaction involving the domestic currency or any foreign currency exceeding such amount as the competent authority may specify.
(2) The record referred to in subsection (1) shall be in such form as the competent authority may specify.
(3) The record referred to in subsection (1) shall include the following information for each transaction:
(a) the identity and address of the person in whose name the transaction is conducted;
(b) the identity and address of the beneficiary or the person on whose behalf the transaction is conducted, where applicable;
(c) the identity of the accounts affected by the transaction, if any;
(d) the type of transaction involved, such as deposit, withdrawal, exchange of currency, cheque cashing, purchase of cashier’s cheques or money orders or other payment or transfer by, through, or to such reporting institution;
(e) the identity of the reporting institution where the transaction occurred; and
(f) the date, time and amount of the transaction,
and shall also include such other information as the competent authority may specify in writing.
(4) For the purposes of this Part, multiple cash transactions in the domestic or foreign currency which, in aggregate, exceeds the amount specified by the competent authority pursuant to subsection
(1) shall be treated as a single transaction if they are undertaken by or on behalf of any one person during any one day or such other period as the competent authority may specify.
Malay text (authoritative)
Penyimpanan rekod oleh institusi pelapor
(1) Sesuatu institusi pelapor hendaklah menyimpan suatu rekod mana-mana transaksi yang melibatkan mata wang tempatan atau mana-mana mata wang asing yang melebihi apa-apa jumlah yang ditentukan oleh pihak berkuasa berwibawa.
(2) Rekod yang disebut dalam subseksyen (1) hendaklah dalam bentuk yang ditentukan oleh pihak berkuasa berwibawa.
(3) Rekod yang disebut dalam subseksyen (1) hendaklah termasuk maklumat yang berikut bagi setiap transaksi:
(a) identiti dan alamat orang yang atas namanya transaksi itu dijalankan;
(b) identiti dan alamat benefisiari atau orang yang bagi pihaknya transaksi itu dijalankan, jika berkenaan;
(c) identiti akaun yang terlibat dengan transaksi itu, jika ada;
(d) jenis transaksi yang terlibat, seperti deposit, pengeluaran, pertukaran mata wang, penunaian cek, pembelian cek juruwang atau kiriman wang atau pembayaran atau pemindahan lain oleh, melalui, atau kepada institusi pelapor itu;
(e) identiti institusi pelapor di mana transaksi itu berlaku; dan
(f) tarikh, masa dan amaun transaksi itu,
dan hendaklah juga termasuk apa-apa maklumat lain sebagaimana yang ditentukan secara bertulis oleh pihak berkuasa berwibawa.
(4) Bagi maksud Bahagian ini, transaksi tunai berganda dalam mata wang tempatan atau mata wang asing yang, pada agregatnya melebihi amaun yang ditentukan oleh pihak berkuasa berwibawa menurut subseksyen (1) hendaklah dianggap sebagai suatu transaksi tunggal jika transaksi itu dijalankan oleh atau bagi pihak manamana satu orang dalam mana-mana satu hari atau apa-apa tempoh lain yang ditentukan oleh pihak berkuasa berwibawa.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
