Malaysia Strategic Trade Act (2010) - Restricted and Prohibited End-Users

The Malaysia Strategic Trade Act (2010) establishes regulations for controlling exports and trade of strategic goods. One important aspect is the list of restricted and prohibited end-users. This list identifies entities that are not allowed to receive certain goods due to risks like misuse or involvement in illegal activities.

Mitigate risk with our comprehensive screening solutions for your AML and sanctions compliance.

Talk to Sales

Take a Product Tour

240 Entities in Malaysia Strategic Trade Act (2010) - Restricted and Prohibited End-Users

Entity Name	Entity Type	Effective Date	Status
CH'OE SO’K MIN	Individual	Dec 22, 2017	active
KIM NAM UNG	Individual	Aug 5, 2017	active
CHOE CHUN YONG	Individual	Aug 5, 2017	active
PAK MUN IL	Individual	Dec 22, 2017	active
KIM KYONG OK	Individual	Jun 2, 2017	active
PAEK SE BONG	Individual	Jun 2, 2017	active
MIN BYONG CHOL	Individual	Jun 2, 2017	active
CHO IL U	Individual	Jun 2, 2017	active
SON MUN SAN	Individual	Nov 30, 2016	active
CHO CHUN RYONG	Individual	Nov 30, 2016	active

FAQs

Why is compliance with the Malaysia Strategic Trade Act (2010) - Restricted and Prohibited End-Users necessary?

Compliance with the Malaysia Strategic Trade Act (2010) regarding restricted and prohibited end-users is crucial for national security and international obligations. This legislation aims to prevent the proliferation of weapons of mass destruction (WMD), ensuring that sensitive materials do not end up in the hands of unauthorized entities. Adhering to these regulations safeguards Malaysia's reputation in the global arena, promotes responsible trade practices, and helps maintain regional stability. Failure to comply may result in severe penalties and jeopardize international relationships.

Which companies should comply with Malaysia Strategic Trade Act (2010) - Restricted and Prohibited End-Users?

Companies engaged in trading, manufacturing, or providing services related to dual-use goods and technologies must comply with the Malaysia Strategic Trade Act (2010). This includes industries such as defense, aerospace, telecommunications, and technology. Compliance is crucial to prevent the proliferation of weapons and ensure national security, as well as to adhere to international trade obligations and ethical standards.

Products

Intel

Sanctions Screener

Global Trade Compliance

Map

APIs

Trademo APIs

Data License

Trademo Data License

Solutions

Sourcing & Procurement

Trade Prospecting