A company secretary has been fined RM50,000 after Bank Negara Malaysia (BNM) and the Companies Commission of Malaysia (CCM) found AMLA breaches tied to suspicious transaction reporting and company filings.

BNM and CCM conducted a joint investigation into the suspected involvement of several company secretaries in an international scam syndicate.

BNM found that Ardzlyn Hawatul Yuhanis Uyob@Ayob, a company secretary through Continuum Corporate House Sdn. Bhd., had failed to submit two Suspicious Transaction Reports to the central bank.

The transactions involved foreign nationals associated with MB International Sdn. Bhd. and Ascent GT Sdn. Bhd.

As a reporting institution under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA), Ardzlyn was required to report suspicious transactions to BNM.

Regulators Move From Probe to Court Action

The company regulator also found that she had submitted false information to the Registrar of Companies on the appointment of one of the foreign nationals as a director of the companies.

CCM has since revoked her practising certificate.

On 10 December 2025, Ardzlyn was charged at the Sessions Court with two offences under AMLA, with the written consent of the Public Prosecutor.

CCM separately charged her with two offences under the Companies Act 2016.

She pleaded guilty on 15 April 2026 and was fined RM50,000 in total.

BNM reminded reporting institutions to maintain strong controls and meet their AMLA obligations to prevent misuse for money laundering, terrorism financing and other serious crimes.

The central bank added that breaches could lead to enforcement action, including prosecution.

Featured image: Edited by Fintech News Malaysia, based on image by freepik via Magnific