Tag: MAS

Singapore’s position as a major financial hub places significant responsibility on its payments sector to prevent illicit finance from flowing through the system. Anti-money laundering...

The MAS has published a consultation paper proposing comprehensive new Guidelines on AI Risk Management, aimed at ensuring the responsible and secure use of...

The Monetary Authority of Singapore (MAS) has concluded a proof-of-concept sandbox alongside DBS, HSBC, OCBC, UOB, SPTel and SpeQtral to evaluate the use of...

The Monetary Authority of Singapore (MAS) has unveiled new measures aimed at promoting responsible online financial content and advertising, as digital platforms increasingly become...

Financial criminals are often reported in the press long before their names appear on sanctions or politically exposed persons (PEP) lists. This is why...

Singapore is stepping up its efforts to integrate artificial intelligence into the financial sector with Project MindForge, a collaborative initiative announced in June 2023. The...

Financial crime regulation is undergoing rapid transformation across Southeast Asia and Australia, with authorities moving to tighten frameworks and provide clearer enforcement guidance. The changes...

The Financial Conduct Authority (FCA) has placed anti-money laundering (AML) failures under sharp scrutiny in its five-year strategy for 2025–2030, signalling that financial crime...

As financial crime becomes increasingly global and complex, a growing number of jurisdictions are exploring the centralisation of anti-money laundering (AML) and counter-terrorism financing...

Compliance demands have evolved, and so must client lifecycle management. As regulations tighten, customer profiles diversify and operational costs rise, applying a ‘one-size-fits-all’ approach to onboarding and due diligence is no longer viable.