KUALA LUMPUR, Oct 3 — Malaysian financial institutions are ahead of their Southeast Asian peers when implementing anti-money laundering (AML) and counter-terrorism financing (CTF) measures to mitigate the risk of financial threat within its jurisdiction.

KUALA LUMPUR, Oct 3 — Financial institutions, enforcement agencies, and regulators must embark on a collective journey that transcends borders, sectors, and ideologies to establish stringent anti-money laundering (AML) and counter-terrorism financing (CTF) protocols to reinvent trust in the context of financial crime and terrorism financing, said the Asian Institute of Chartered Bankers (AICB).