Westpac agrees to proposed $1.3bn penalty for AML/CFT failures
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...
Argus Newsletter, August 2020
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...
AML / CFT Training 2020 for Fund Managers in Singapore
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...
MOM to enforce salary changes to enhance job opportunities for Singaporeans and attracting global talent
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....
