Malaysia committed to comply with task force’s standards in fighting money laundering, terrorism financing — minister

KUALA LUMPUR (Aug 27): Malaysia is committed to complying with international standards set by the Financial Action Task Force (FATF), emphasising the importance of beneficial ownership transparency as a key foundation in the fight against money laundering and terrorism financing.

Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali said that recent amendments to the…