BNM – AML/CFT/CPF Newsletter 03/2024

Further to our announcement released on 3 October 2024 relating to the submission of the Data and Compliance Report (DCR) 2024 to Bank Negara Malaysia (BNM) starting from 15 October 2024 to 15 January 2025, BNM issued the AML/CFT/CPF Newsletter 03/2024, on the issuance of DCR 2024.

Members who are Reporting Institutions (RIs) are advised to visit https://dnfbpportal.bnm.gov.my to submit the DCR 2024. Members are advised to check their applicability status to determine whether require submitting the DCR 2024. Helpful resources such as a step-by-step guide, DCR Information Kit, FAQs, and tutorial videos (releasing soon) are available on the portal to guide RIs.

Declaration of Non-applicability of DCR2024

• Company secretarial firm who does not provide any of the listed Gazetted Activities in 2022 and 2023 are required to declare non-provision of Gazetted Activities;
• Dormant firms, including firms in the process of striking off, winding up and liquidating (still legally exist); or
• The firm has no new and existing transaction or client for 2022 and 2023, i.e. inactive firm, newly incorporated/ registered firm in 2024, etc

DCR 2024 does NOT apply to:

• Any RI which has been selected and informed for on-site examination or thematic review for 2024;
• Lawyers, accountants or company secretaries who are 'internal’ professionals that are employees of other types of businesses, or professionals working with government agencies.
• Firms that have ceased to operate i.e. no longer an RI as per First Schedule of the AMLA.

Please click on the following for further details:

• AML/CFT/CPF Newsletter 03/2024
• DCR2024 InfoKit