Tag: Monetary Authority of Singapore

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...

In August 2024, Singapore’s Parliament enacted the Anti-Money Laundering and Other Matters Act 2024, a major development that reinforces the city-state’s global reputation as...

As regulators tighten anti-money laundering (AML) expectations worldwide, stablecoin firms are under increasing pressure to apply “bank-level” compliance controls. Authorities from Singapore’s Monetary Authority...

Singapore’s major banks will introduce new anti-scam safeguards from 15 October, automatically blocking or delaying transfers that move more than half of an account’s...

Napier AI is celebrating its 10th anniversary, marking a decade of innovation and growth in the fight against financial crime. What began as a...

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

Singapore is stepping up efforts to disrupt scam syndicates by restricting access to essential financial and communication services for so-called “scam mules”. The move...

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...