The Australian Transaction Reports and Analysis Centre (AUSTRAC) and Westpac have agreed to a proposed penalty of $1.3 billion over Westpac’s breaches of Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) reflecting the seriousness and...
Articles and Events Summary [Training Alert] AML / CFT Training for Asset/Fund Managers Friday, 25 Sep 2020, 2.30-4.00pm The Monetary Authority of Singapore (“MAS”) encourages all Asset / Fund Managers to attend at least one refresher training on topics of...
REGISTER NOW The Monetary Authority of Singapore (“MAS”) encourages all Asset / Fund Managers to attend at least one refresher training on topics of AML / CFT every year. We are happy to conduct this training online. A training certificate of 2 hours for...
Given the weakness in the job market and uncertain growth outlook, the Ministry of Manpower (MOM) will update the Employment Pass (EP) and S Pass criteria to suit prevailing conditions, the Ministry of Manpower has announced key changes to foreign work pass policies....
New Payment Services Act (“Act”) came into effect 28 January 2020. Along with the Act, the Monetary Authority of Singapore (“MAS”) has introduced several notices and guidelines to be adhered to by Payment Services Licence Holders (“regulated entities”). The Notices...
