surpass the level recorded in 2007 when it sustained the highest level of issuances. the year 2010 also saw malaysia ’ s evolution as a multi - currency sukuk origination platform with four foreign currency sukuk issuances amounting to about usd3 billlion. this trend will benefit from the bloomberg aibim bursa malaysia sovereign shariah index ( bmssi ) developed by the association of islamic banking institutions malaysia ( aibim ), bursa malaysia and bloomberg that is also being launched today as part of the enhancement in the islamic finance platform. the launch of this ringgit sukuk index marks another significant milestone in the malaysian islamic financial environment as it measures the performance of ringgit denominated shariah compliant government securities in addition to the benchmarking purposes. this development has been part of the continuous support by aibim and bursa malaysia to further strengthen malaysia ’ s position as a leading sukuk market in the world. the collaboration between aibim, bursa malaysia and bloomberg is also expected to see a ringgit corporate sukuk index in the offing. moving forward, efforts are underway between bank negara malaysia and bloomberg to broaden this initiative to develop a foreign currency bis central bankers ’ speeches sukuk index. the liberalization of our financial markets is expected to attract more such foreign currency sukuk issuance by sovereign entities, multilateral institutions and multinational corporations. in further strengthening the infrastructure for the sukuk market, the malaysian electronic clearing corporation or myclear, a wholly - owned subsidiary of bank negara malaysia that operates the country ’ s real time gross settlement system and securities depository system, is also undertaking an initiative to promote cross - border financial transaction that is efficient, reliable and secured. this initiative reflects our commitment towards financial integration in the asean region and the global financial system through closer linkage with other central securities depositories, namely euroclear and the central moneymarkets unit ( cmu ) of the hong kong monetary authority. it is expected that other central securities depository will participate in this initiative to heighten this cross - border linkage. myclear is thus set to be one of the key multilateral settlement platforms that will facilitate sukuk trading transactions. the implementation of this initiative which is scheduled to be completed in the second half of 2011 offers cost - effective access for foreign investors to invest in malaysian securities deposited with myclear. at the same time

adnan zaylani mohamad zahid : keynote address - bank negara malaysia and the malaysian bar joint national aml / cft conference 2019 keynote address by mr adnan zaylani mohamad zahid, assistant governor of the central bank of malaysia ( bank negara malaysia ), at the bank negara malaysia and the malaysian bar joint national aml / cft conference 2019, kuala lumpur, 29 august 2019. * * * it is a great pleasure and honour to welcome you this morning to the joint national anti - money laundering and counter financing of terrorism ( aml / cft ) conference 2019. i understand that this conference, jointly organised by bank negara malaysia and the malaysian bar, forms part of the initiatives under the capacity development programme to elevate the understanding and level of aml / cft compliance outside of the financial sector, the designated non - financial businesses and professions and other non - bank financial sectors or in brief known as the dnfbp sectors and the legal fraternity, in particular. on this note, i would like to express bank negara malaysia ’ s appreciation to the malaysian bar for their continuous support to bank negara malaysia as the competent authority under the antimoney laundering, anti - terrorism financing and proceeds of unlawful activities act 2001 ( amla ), particularly in advancing aml / cft capacity development initiatives. apart from today ’ s conference, the malaysian bar has also since mid - 2018, incorporated aml / cft requirements as part of its continuing professional development ( cpd ) module, in addition to the on - going engagements and discussions to instil compliance culture among the legal fraternity. it is encouraging to note that similar efforts are being observed with other licensing authorities, selfregulatory bodies and industry associations governing respective dnfbp sectors. we are also privileged to have with us today, a representative from the law society of singapore who will be sharing singapore ’ s perspective and experience on the implementation of aml / cft requirements. recognising the growing money laundering and terrorism financing threats, many countries including malaysia have intensified efforts to develop and maintain an aml / cft regime that is robust and can effectively respond to the constantly evolving threats and vulnerabilities. these efforts are aimed at protecting the integrity of the financial system and the economy and preventing the abuse for criminal and terrorism purposes. in malaysia, the aml / cft regime was first introduced in 2001, initially scoping in