Tag: Monetary Authority of Singapore

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...

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...

DBS, OCBC and UOB have launched a pioneering report to help banks understand the financial implications of nature-related risks, marking the first collaboration of...

In a move to fortify Singapore’s anti-financial crime landscape, the Monetary Authority of Singapore (MAS) is introducing sweeping changes to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework.