MAS launches consultation on tightening up money laundering controls

monetary-authority-singapore

The Monetary Authority of Singapore (MAS) yesterday released a consultation paper on proposed amendments to its notices to financial institutions on anti-money laundering and countering the financing of terrorism.

The proposed amendments "draw reference from international best practices and the latest recommendations of the Financial Action Task Force, the global standard-setter for measures to combat money laundering (ML), terrorist financing (TF), and the financing of proliferation," the MAS

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: