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The Benefits of Good Intelligence in Achieving Successful Law Enforcement Outcomes in the Fight Against Corruption

Overview

In this webinar, the Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) and the MACC Director of Anti Money Laundering (AML) Division will discuss the importance of good STRs/SARs and timely law enforcement enquiries for successful prosecutions for corruption and the confiscation of proceeds of corruption.

Learning Objectives

  • Understanding the role of financial institutions (FIs) and designated non-financial businesses and professions (DNFBPs) in detecting and reporting reasonable suspicion that they may have received, moved or retained the proceeds of corruption
  • Sharing success stories where corrupt persons were prosecuted and the proceeds of corruption were confiscated, following the receipt of good STRs/SARs from FIs and DNFBPs
  • Integrating best practices on how FIs and DNFBPs can effectively cooperate with law enforcement agencies on their enquiries and to achieve better law enforcement outcomes in the fight against corruption