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All in the family - Singapore consults on new AML controls as activity surges

A public consultation on a new regulatory framework for single family offices in Singapore closes on 30 September 2023. The proposed new framework will introduce qualifying criteria for class exemption from licensing under...more

Singapore unveils sanctions against Russia

The sanctions were first announced in parliament on 28 February 2022, and the specifics were released on 5 March 2022....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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