Tag: MAS

Singapore is taking a leading role in embedding artificial intelligence across the financial sector with the launch of Project MindForge. Announced in June 2023, this...

Financial crime regulation in Southeast Asia and Australia is becoming stricter, with regulators introducing clearer frameworks and stronger enforcement. Authorities are responding to threats...

The Financial Conduct Authority (FCA) has put anti-money laundering (AML) failures firmly in its sights as part of its five-year strategy plan for 2025–2030....

Centralised oversight of anti-money laundering (AML) and counter-terrorism financing (CTF) is gaining traction as governments look to combat increasingly complex, cross-border financial crimes. According to...

As compliance demands increase and regulations continue to tighten, financial institutions are under pressure to rethink their client lifecycle management processes. The traditional ‘one-size-fits-all’...

Environmental, social and governance (ESG) factors are moving from the periphery to the core of Know Your Business (KYB) processes as regulators and stakeholders demand more transparency and accountability. For compliance teams, the focus is shifting beyond ownership structures and financial crime risk to incorporate ESG as a central pillar in client onboarding and monitoring.

The asset management sector is entering a new regulatory era, marked by heightened scrutiny and evolving marketing rules. In 2024 alone, the US SEC issued a record number of enforcement actions targeting fund marketing activities.

The Monetary Authority of Singapore (MAS) is introducing key updates to its AML/CFT framework, effective 30 June 2025. These changes will impact a wide range of financial institutions and VCCs, including banks, insurers, trust companies, and digital asset providers.

Singapore’s equities market is poised for significant enhancement with the introduction of a comprehensive set of measures aimed at increasing its competitiveness and attractiveness...

The MAS and the ABS have revealed plans to set up a new entity that will oversee and govern Singapore’s national payment schemes. This...