“Trust me; I’m your lawyer”: Lawyers’ Reporting Duty under AML/ATF Law in Malaysia

Main Article Content

Zaiton Hamin
Saslina Kamaruddin
Wan Rosalili Wan Rosil

Abstract

Lawyers have always been vulnerable to be misused by money launderers as one of the potential vehicles for such criminals to conduct their illegal activities. Given such issues, the Anti-Money Laundering and Terrorist Financing Law in Malaysia imposes an obligation on lawyers to report any suspicious transactions to the regulator. Adopting a content analysis method, this paper examines such obligation and the impediments to such reporting. Lawyers' reluctance to comply with their reporting duties could be attributed to the culture of confidentiality and the fear of erosion of the client-lawyer privilege.

Article Details

How to Cite
Hamin, Z., Kamaruddin, S., & Wan Rosil, W. R. (2018). “Trust me; I’m your lawyer”: Lawyers’ Reporting Duty under AML/ATF Law in Malaysia. Journal of ASIAN Behavioural Studies, 3(10), 1–8. https://doi.org/10.21834/jabs.v3i10.298

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