AMLA Malaysia - Introduction to “Smurfing”

The physical transaction, especially between individuals, can be highly untraceable without proper monitor and regulation. Such transaction is an ideal vehicle to facilitate illicit activities, especially money laundering and terrorism financing. In the BNM report, physical cash remains widely exposed to abuse by individuals. One such form of abuse is called “smurfing”.

Money laundering

Emerging AML Landscape in Malaysia: Challenges and Solutions

Keyword:money laundering - FasterCapital

Rahman Aspalella A, PDF, Financial Action Task Force On Money Laundering

PDF) CATCH ME IF YOU CAN: THE ROLE OF FINANCIAL ACTION TASK FORCE (FATF) IN GUIDING TERRORISM FINANCING INVESTIGATION

Thailand in: IMF Staff Country Reports Volume 2007 Issue 376 (2007)

PDF) The viability of enforcement mechanisms under money laundering and anti-terrorism offences in Malaysia: An overview

Praveen Nadaraja posted on LinkedIn