Regulatory Newsletter January 2024- Summary of AML / CFT related regulatory developments by the MAS in 2024

As we usher in the new year 2025 with celebrations, it’s a great opportunity to reflect on the key updates and regulatory developments issued by…

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As we usher in the new year 2025 with celebrations, it’s a great opportunity to reflect on the key updates and regulatory developments issued by the Monetary Authority of Singapore (MAS) in 2024. MAS has been proactive in strengthening the regulatory landscape, particularly in the areas of AML/CFT. These updates are essential for ensuring that financial institutions, businesses, and professionals remain compliant with evolving regulations and continue to play a vital role in safeguarding the integrity and security of the financial system.

Please find our Newsletter below.