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The Sword and the Scales: Enforcement and restraint in the ongoing development of Singapore’s AML framework

The Singapore Anti-Money Laundering and Other Matters Act 2024 (the “Act”), which came into effect at the end of 2024, concluded a year of legislative developments in Singapore that were aimed at strengthening the country’s...more

Empowering Singapore’s Financial Institutions through COSMIC Power SEA View, Article XIV: October 2021

After a summer hiatus, we return with a warning of imminent AML controls; a trend we witness across the region. On 1 October 2021, the Monetary Authority of Singapore (“MAS”) published a Consultation Paper on the FI-FI...more

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