Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) Statement
Cagamas Group of Companies (“the Company”) is committed to take all reasonable and appropriate steps to prevent engaging and having business relationship with the persons who are involving in money laundering, terrorism financing, proliferation financing, and any other illicit activities.
The Company is committed to fully supporting the Government of Malaysia and relevant regulators’ ongoing efforts in the prevention of the use of the financial system for illicit activities.
The Company demonstrates its commitment to high standards of compliance with the Anti-Money Laundering, Counter Financing of Terrorism, Countering Proliferation Financing and Targeted Financial Sanctions for Designated Non-Financial Businesses and Professions (DNFBPs) and Non-Bank Financial Institutions (NBFIs) (AML/CFT/CPF and TFS for DNFBPs and NBFIs) requirements by establishing robust and comprehensive policies, procedures and process for the prevention and detection of money laundering, terrorism financing, proliferation financing, and other illicit activities.