Anti Money Laundering Policy (AMLA)
POLICY AND PROCEDURE STATEMENT
| Solar District Cooling Group Berhad (“the Company”) is committed to high standards of ethical behaviours, and the prevention and detection of all criminal activities, including money laundering. This document sets out the policy and procedure to be followed if money laundering is suspected, and defines the responsibilities of the Board, management and employees of SDC in the process. This policy serves as preventive measures in accordance with the Antimoney Laundering, Anti-terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the latest Guidelines on Anti-Money Laundering, Countering Financing of Terrorism and Targeted Financial Sanctions for the Designated Non-Financial Businesses and Professions (DNFBPs) & Non-Bank Financial Institutions (NBFIs) issued by the Bank Negara Malaysia on 31 December 2019 (“BNM Guidelines”). The Group understands the dangers and impact of these financial crimes and the deleterious socio-economic effects of the nation. |