We are pleased to announce that our Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) Training for Financial Institutions course has been recognised by the Institute of Banking and Finance (IBF) under the Financial Training Scheme (“FTS”)...
On 12 May 2021, The Monetary Authority of Singapore (MAS) issued a consultation paper to seek comments on draft Notices setting out the proposed Anti-Money Laundering and Countering the Financing of Terrorism requirements under both the proposed Branch framework and...
The Monetary Authority of Singapore (MAS) recently released an infographic setting out recent international developments and MAS’ supervisory expectations on anti-money laundering / countering the financing of terrorism (AML/CFT) controls for the Digital Payment Token...
In its Enforcement Report published today, the Monetary Authority of Singapore (MAS) has detailed several actions against financial institutions (FIs) and individuals for market abuse, financial misconduct, and control breaches related to money laundering. The MAS...
Monetary Authority of Singapore (“MAS”) on 15th of July 2020 published a guidance paper which sets out MAS’ supervisory expectations of sound practices where anti-money laundering / countering of financing of terrorism (“AML/CFT”) control functions are outsourced. In...
Monetary Authority of Singapore (MAS) conducted thematic inspections on enterprise-wide risk assessment on money laundering and terrorism financing (EWRA) in 2020. The paper highlights inspection observations and MAS’ supervisory expectations of effective EWRA...
