Singapore tightens anti-money laundering measures
Singapore authorities on Friday announced new measures to tackle money laundering, including inter-agency data-sharing, striking off of inactive companies and channels and programmes to get businesses to report suspicious activities.
Singapore unveils new anti-money laundering measures, including inter-agency data-sharing
New measures unveiled to address money laundering in Singapore will see more inter-agency data sharing, as well as inactive companies struck off and businesses roped in to 'red-flag' suspicious activities.
'Cannot be too lax, too stringent': Inter-ministerial committee on tighter anti-money laundering measures
Engaging businesses such as car dealers to report suspicious activities and inter-agency data-sharing are some of the new measures the government has proposed on Friday (Oct 4) to tackle money laundering in Singapore.
Singapore to tighten anti-money laundering rules in property, legal sectors
SINGAPORE -- The government of Singapore on Friday said it will tighten defenses against financial crime in the property and legal sectors, as the city-state ramps up scrutiny of potential money laundering.
Requirements for real estate agents, lawyers to be clarified under new anti-money laundering measures
The measures were recommended by an inter-ministerial committee that drew lessons from the billion-dollar money laundering case.
Singapore tightens anti-money-laundering measures, but remains ‘open for business’
Singapore will roll out a fresh slate of measures to strengthen its anti-money-laundering regime in the coming year, as authorities emphasise the city state remains “open for business” in spite of the tightened regulations.
Singapore announces new measures to tackle money laundering activities
Singapore intends to flag and strike off companies that are inactive, increase data sharing across government agencies, and from next week educate non-regulated sectors
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Luxe, high-value goods dealers to help spot red flags as part of tighter anti-money laundering efforts
Unregulated entities will also be advised on how to stop illicit funds from entering the financial system. Read more at ...
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Clearer real estate rules, flagging of inactive companies among anti-money laundering moves
SINGAPORE will clarify due diligence requirements for real estate deals and flag companies that seem inactive, as part of ...
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Singapore’s new anti-money laundering laws target eco-crime gains
In its 2021 report, FATF called upon countries to assess their money laundering risks related to environmental crime. Singapore published its first-ever environmental crimes money laundering ...
Subsidised screening, consultancy services to help S’pore charities mitigate money laundering risks
The service will screen the names of individuals or entities against sanction lists, watchlists and negative news reports.