In Malaysia, all financial institutions and investment platforms are legally required to conduct Know Your Customer (KYC) procedures before allowing clients to invest or trade.

KYC is a critical part of the Anti-Money Laundering (AMLA) and Countering the Financing of Terrorism (CFT) regulations enforced by the Bank Negara Malaysia (BNM).

1 - Verify the investor’s identity

Ensuring that all clients are genuine individuals or legitimate entities.

2 - Prevent illegal activities

Such as money laundering, terrorism financing, fraud, or other financial crimes.

3 - Protect investors and the financial system

By maintaining transparency and accountability in all financial transactions.

4 - Ensure compliance with SGX and MAS standards

As part of Malaysia’s commitment to maintaining a safe, trusted, and globally respected financial market.

2 - Prevent illegal activities

such as money laundering, terrorism financing, fraud, or other financial crimes.

Official identification (e.g. NRIC or Passport)

Source of funds or income declaration (for higher-value transactions)

By completing KYC, investors help protect the integrity of Malaysia’s financial ecosystem — ensuring that all investments are conducted securely and in compliance with regulatory requirements.