Knowledge Highlights 27 May 2020
Allen & Gledhill Partners Lee Bik Wei and Lee May Ling contributed the Singapore chapter to The International Comparative Legal Guide to Anti-Money Laundering 2020 (3rd Ed), published by Global Legal Group Ltd. Topics covered in the chapter include the legal authority to prosecute money laundering at national level, the government authorities responsible for investigating and prosecuting money laundering criminal offences, the maximum penalties applicable to individuals and legal entities convicted of money laundering, the legal or administrative authorities for imposing anti-money laundering requirements on financial institutions and other businesses, the requirements for record keeping or reporting large currency transactions and the criteria for reporting suspicious activity.
Karen Foong, Partner of our associate firm in Malaysia, Rahmat Lim & Partners, contributed the Malaysia chapter.
Minn Naing Oo, Managing Director and Dr Ei Ei Khin, Consultant of the Allen & Gledhill (Myanmar) office, contributed the Myanmar chapter.
Ardian Deny Sidharta, Erie Tobing, Oene Marseille and Aris Prasetiyo of Soemadipradja & Taher, with which Allen & Gledhill has a strategic alliance, contributed the Indonesia chapter.