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Zerin Properties: the first real estate agency to comply with BNM AML / CFT requirements using

By on January 8, 2022 0


Properties of Zerin adopts to comply with Bank Negara AML / CFT requirements. Properties of Zerin adopted, the country’s first mobile web-based instant background check application, in accordance with Bank Negara Malaysia (BNM) AML / CFT requirements (for the fight against money laundering and the financing of terrorism).

Petaling Jaya, Malaysia 08 January 2022 – ( – The Bank Negara Malaysia (BNM) The AML policy requires that reporting institutions have adequate procedures to protect businesses, professionals and any assets they may have.

In these extraordinary times, non-contact interaction is the new normal. This week, Properties of Zerin, Asia’s award-winning real estate agency, announces its adoption of, Malaysia’s first mobile web-based instant background check application.

HaloCheck has simplified the BNM AML / CFT process. In less than 2 minutes, everything Properties of Zerin agents can comply with stringent BNM requirements and perform client due diligence (CDD).

Real estate agents and other designated non-financial businesses and professions (DNFBPs) are the main targets of money laundering and terrorist financing (ML / FT) activities. Due to the nature of their work, professionals in these industries manage large sums of money and property. The movement of these large sums makes it easier to cover up and cover up illegal activity, making DNFBPs the most attractive targets to exploit for money laundering.

Properties of Zerin have offices across the country and an international branch in London. The agency is strengthening its due diligence processes and has chosen to help them comply with BNM AML / CFT requirements.

Properties of Zerin was the first real estate company to fully embrace the Internet. They continue to prioritize by being the first to adopt e-KYC technology in their CDD processes.

“We actually had the opportunity to use technology as a means to comply with what Bank Negara demands and to satisfy all the requirements of our customers ”, said Previndran Singhe, Founder, Managing Director and CEO of Properties of Zerin. “This is the main reason we chose HaloCheck (.xyz). It’s a far cry from what we used to do, so it really made our job a lot easier. I think the level of trust is definitely what customers want and the fact that we can get there (done) quickly, safely, reliably, I think customers take great comfort in it.

The move to the digital space has the added benefit of increasing speed and efficiency, and reducing the carbon footprint. With a well-thought-out gesture, Properties of Zerin have outstripped their peers on several fronts.

“We are very happy that Properties of Zerin have chosen our e-KYC and Instant Background Screening technology to help them meet BNM AML / CFT requirements ”, states Marc Leow, Founder and CEO of “Complying with AML / CFT doesn’t have to be complicated. Professionals don’t have time to waste, so we’ve designed a quick, easy and reliable solution. Now, meeting compliance takes less than 2 minutes – from registration to completion of a check. Customers can identify and verify their customers from their mobile or desktop browsers anytime, anywhere. Working with forward-thinking companies is always a pleasure. We hope to collaborate with other like-minded companies in the future. “

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Contact details:
HaloCheck.xyzGuillaume Tan+60378903470
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