Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) Compliance Officer Essentials

A one-day programme designed for newly appointed or incoming Compliance Officers in Designated Non-Financial Businesses and Professions (DNFBPs) and Non-Bank Financial Institutions (NBFIs). The programme maps directly to the 9 CO duties defined by Bank Negara Malaysia and equips participants to fulfil the fit and proper criteria required for their BNM-registered role.

This is the practitioner programme for a designated compliance officer, and assumes the awareness content. It covers building and running the AML programme rather than only understanding the obligations. Coverage runs through institutional risk assessment, the customer due diligence and enhanced due diligence framework, ongoing monitoring, sanctions and PEP screening, suspicious transaction reporting to the Financial Intelligence and Enforcement Department, and record keeping. The compliance officer's own statutory position and personal exposure are addressed directly, along with how to escalate when business pressure and the AML obligation point in different directions.

Participants leave with the knowledge to notify BNM of their appointment, build an internal AML/CFT compliance programme, evaluate STRs, and prepare their organisation for a BNM supervisory review.

HRD Corp Training Provider Malaysia HRD Corp SBL-Khas Claimable

Programme Agenda

01

8:30 AM - 9:00 AM

Registration, Welcome & Objectives

Participant registration, programme overview, and learning objectives for the day.

02

9:00 AM - 10:30 AM

Legal Framework and the CO Role

AMLA 2001 purpose, scope, and key definitions, DNFBP and NBFI Reporting Institution categories, the 9 CO duties from BNM's official CO Guide, fit and proper criteria, CO appointment process, nomination form, FIED submission, and personal liability for COs and directors. Covers the AMLA Amendment Act 2025, in force from 1 March 2026, which widened personal liability for directors, officers and employees and expanded the predicate offence base.

03

10:30 AM - 10:45 AM

Break

04

10:45 AM - 12:30 PM

AML/CFT Policy, Risk Assessment and Red Flags

What an adequate AML/CFT compliance programme must contain, applying the Risk-Based Approach to assess ML/TF exposure, sector-specific risk factors for property agents, lawyers, accountants, and company secretaries, building a documented red flag list, new product risk assessment, staff awareness obligations, and securing the internal reporting channel.

05

12:30 PM - 1:30 PM

Lunch

06

1:30 PM - 3:30 PM

CDD, STR, CTR and Sanctions

Customer Due Diligence, beneficial ownership, Enhanced Due Diligence for high-risk customers and PEPs, ongoing CDD for DNFBPs, Suspicious Transaction Reports, Cash Threshold Reports, Targeted Financial Sanctions, sanctions screening against Domestic and UN Sanctions Lists, and record keeping requirements.

07

3:30 PM - 3:45 PM

Break

08

3:45 PM - 5:00 PM

Controls Assessment and BNM Inspection Readiness

Assessing AML/CFT controls against BNM expectations, common gaps in DNFBP supervisory reviews, building a CO compliance calendar with monthly, quarterly, and annual tasks, and a 30-day CO action plan for Day 1 in role.

09

Wrap-up, Q&A & Certificates

5:00 PM

Programme wrap-up, open Q&A session, and certificate presentation.

Key Outcomes

  • Explain the legal framework under AMLA 2001 and BNM's AML/CFT Policy Documents for DNFBPs and NBFIs
  • Fulfil all 9 CO duties as defined by BNM's official CO Guide
  • Complete and submit the BNM CO Nomination Notification Form correctly
  • Build and document an internal AML/CFT compliance programme proportionate to the organisation's risk profile
  • Identify red flags, evaluate suspicious transactions, and file STRs and CTRs to BNM
  • Prepare the organisation for a BNM DNFBP supervisory review

Training Mode   Physical / Online / Hybrid / e-learning

HRD Corp   SBL-Khas Claimable

Level   Intermediate, suitable for newly appointed COs and those seeking to fulfil BNM's fit and proper criteria

Duration   1 Day  |  8:30 AM - 5:00 PM

Venue   Online session or in-house training at client's premises

Assessment   10 to 15 question knowledge assessment covering all modules.

Certificate   Certificate of Completion awarded upon successful assessment and full attendance

Price   Contact us for pricing and availability

Frequently Asked Questions

Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) Compliance Officer Essentials runs for 1 day | 8:30 AM - 5:00 PM. It is delivered as an in-house closed group session, so the schedule can be adjusted to fit your team's working hours.

Yes. Delivery options are physical, online, hybrid, e-learning. In-house sessions run at your premises anywhere in Malaysia, online sessions run live over video conference, and hybrid combines both for teams split across sites.

Certificate of Completion awarded upon successful assessment and full attendance. Each certificate carries a certificate number that can be checked at orbixtech.my/certificate-verify.

Level: Intermediate, suitable for newly appointed COs and those seeking to fulfil BNM's fit and proper criteria. The session is built around worked examples and group exercises rather than theory, so participants apply the material to their own organisation during the session.

Yes. This course is also available through the Orbix LMS and e-learning platform, where participants work through the material on their own schedule and device rather than attending one fixed session. A knowledge assessment and certificate on completion work the same way as the instructor-led session.

Minimum 2 participants for an in-house or live online session. With only 1 participant, we deliver it as a one-to-one online session instead.

Yes. Many clients pair this course with our one-day team building and high-performing teams programme on the same engagement, so the budget and the day cover both.

Yes. Participants can follow up by email with questions that come up while applying what they learned, and we will point you to the right template, checklist or framework reference even after the session is over.