AMLA Advisory & AML/CFT Compliance

As an approved company auditor, our AMLA audit and Risk Compliance Advisory services help reporting institutions in Malaysia build robust frameworks. We specialize in strengthening Anti-Money Laundering (AMLA/CFT) and KYC (Know Your Customer) protocols to meet Bank Negara Malaysia (BNM) and Securities Commission regulatory expectations — and, for Labuan entities, Labuan FSA AML/CFT guidelines under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).

CWC & ENG PLT advises reporting institutions across banking, insurance, trust, fund management, and the digital / fintech sector — designing AML/CFT frameworks, reviewing existing programmes, running the independent audits regulators require, and training your team to keep it all working in practice.

AML/CFT obligations attach to reporting institutions and certain designated businesses. In practice, you need AMLA advisory if you are:

• A Labuan bank, investment bank, or fund manager subject to AML/CFT obligations
• A Labuan insurer, reinsurer, or takaful / retakaful operator
• A Labuan trust company or managed corporate-service provider
• A digital asset exchange, credit-token business, or digital financial intermediary
• A designated non-financial business or profession (DNFBP) with reporting-institution duties
• Any reporting institution required to submit an independent AML/CFT audit to Labuan FSA

Our advisory is delivered across three connected pillars — from building your framework, to reviewing its effectiveness, to training the people who run it:

Our Initial Set-Up & Advisory services establish the foundation for a robust AMLA/CFT framework and KYC manual — ensuring your organization starts with the right structures and processes in place.

Our AMLA/KYC Compliance Review provides an independent assessment of your existing frameworks, identifying gaps and opportunities for enhancement to ensure regulatory alignment and operational effectiveness.

Our KYC / Risk Compliance Training programs are designed to empower your team with the knowledge and skills needed to effectively implement and maintain robust compliance frameworks.

We continuously reinforce the ongoing relationship for a frictionless customer experience — from the moment due diligence begins through to a fully KYC-verified client.

We follow a structured, proven methodology for delivering KYC services that ensures regulatory compliance while optimizing operational efficiency.

1. 1
   Assessment & Discovery

   Comprehensive evaluation of current state, regulatory requirements, and business objectives to establish a clear baseline and identify priorities.
2. 2
   Solution Design

   Development of tailored frameworks, policies, and processes aligned with regulatory requirements and optimized for your operational environment.
3. 3
   Implementation Support

   Hands-on guidance during implementation, including training, change management, and operational integration.
4. 4
   Continuous Improvement

   Ongoing review, refinement, and enhancement to ensure sustained effectiveness and adaptation to evolving regulatory requirements.

An effective, risk-based AML/CFT programme rests on five pillars. We help you build and evidence each one:

Every AMLA/CFT engagement draws on a multidisciplinary team — audit partners, IT advisory, and a dedicated AMLA trainer with regulator experience.

Mr. Eng Guo Miao

Audit & Assurance Partner

CA(M), FCCA, ASEAN CPA

Mr. Kuan Ying Tung (Sam)

Audit & Assurance Partner

C.A.(M), CPA Australia

Mr. Chim Sai Mun

IT & Advisory Partner

MCP, OCP, CMMIi

En. Muhamad Nazri

AMLA Trainer

Ex-Financial Investigator (AMLA/CFT), Bank Negara Malaysia

In-depth guides to Malaysia's AML/CFT regime — from the AMLATFPUAA 2001 framework to CDD, reporting, sanctions, and independent audit — written by our team for reporting institutions.

Accredited

Affiliated