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Anti-Money Laundering Policy

Our comprehensive approach to preventing money laundering and terrorist financing

Last updated: January 2025

Policy Statement

StableMY is committed to preventing our platform from being used for money laundering, terrorist financing, or other illicit financial activities. We have implemented a comprehensive Anti-Money Laundering (AML) program that meets or exceeds Malaysian regulatory requirements and international best practices. This policy outlines our procedures for customer identification, transaction monitoring, suspicious activity reporting, and ongoing compliance.

Regulatory Reporting Requirements

Suspicious Transaction Reports (STR)

Filed when suspicious activity patterns are detected

Threshold:No minimum threshold
Timeframe:Within 15 business days

Cash Transaction Reports (CTR)

For cash transactions exceeding reporting thresholds

Threshold:RM 25,000 or equivalent
Timeframe:Within 15 business days

Cross-Border Movement Reports

For international wire transfers above thresholds

Threshold:RM 50,000 or equivalent
Timeframe:Within 15 business days

Customer Obligations

All customers are required to:

  • Provide accurate and complete identification information
  • Update personal information when changes occur
  • Comply with transaction limits and verification requirements
  • Not use our platform for illegal activities
  • Cooperate with AML investigations when requested

Report Suspicious Activity

If you suspect money laundering or other illegal activities, please report them immediately:

AML Hotline: +60 3-XXXX-XXXX
Email: aml@stablemy.com
Secure Portal: Available in customer dashboard

This AML policy is reviewed regularly and updated to reflect changes in regulations and best practices. Customer cooperation is essential for maintaining the integrity of our platform and the broader financial system.