Accounting Firms: Please Don't Forget to Submit Data and Compliance Report (DCR)
Updated: Sep 8, 2022
Reporting institutions (RIs) are required to provide DCRs consistently to Bank Negara Malaysia (BNM).
Questions concerning how RIs have complied with AML/CFT (Anti-Money Laundering, Countering Financing of Terrorism) rules and the potential exposure to ML/TF (Money Laundering, Financing of Terrorism) threats that RIs may have been incorporated into the Data and Compliance Report (DCR).
See more: Anti-Money Laundering, Countering Financing of Terrorism and Targeted Financial Sanctions for Financial Institutions.