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Featured Article
THE AMLA FOR YOU AND FOR ME Clothes can get dirty, so how do you make them clean again? You wash them. This illustration conveys the perfect visual of what money laundering is. It is similar to washing clothes – a process to make “dirty money” that is obtained illegally from criminal activities to be channelled into legitimate organisations or businesses that then can be used without restrictions.
If your firm is accused of money laundering, your firm will be at risk. Here are tips to help you protect yourself. Read the article >>
STAY ALERT!
FRAUDS AND SCAMS: INCREASING AWARENESS
Is there any difference between frauds and scams? No! They are the same, scams ARE fraud. Scammers are really
smart. They take advantage from whatever sources that they have to create a believable scenario that looks very convincing.
This article aims to help you increase your awareness on scams and gives insight on what you can do to reduce the risk of being scammed. Read the article >>
Indemnity and Risk Management Monthly Newsletter Brought to you by the Bar Council Professional Indemnity Insurance Committee
Assisting Lawyers
Visit the Praktis website for more information on
PII and risk management.
For enquiries on PII and Risk Management,
please contact:
PII & Risk Management Department
Tel: 03-2050 2001
Email: [email protected]
Website: www.praktis.com.my
I-RiskSpotJanuary 2021
Circular No 048/2021 2 Feb 2021
Issued by Burhanudeen b Abd Wahid and Kuthubul Zaman b Bukhari, Co-Chairpersons, Bar Council Professional Indemnity Insurance Committee