Tag: Singapore

The scale of global money laundering remains staggering, but new data suggests artificial intelligence could be the turning point financial institutions have been waiting...

Zeidler Group has expanded the Singapore coverage in its Marketing Material Review Tool (MMR-Tool), adding further marketing and advertising compliance checks to support firms...

Singapore recorded a 579% increase in fines for breaches of AML and CFT rules last year, underscoring a marked shift in regulatory scrutiny following...

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...

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 Asia-Pacific region remains a compelling growth destination for global financial firms, despite facing significant regulatory and geopolitical complexities. According to the latest ASIFMA 2025 Asia-Pacific Capital Markets Survey, now in its fourth year, there is a strong sense of optimism among firms looking to deepen their presence across the region.

The Financial Action Task Force (FATF) has released new guidance aimed at helping countries and financial institutions strike a better balance between combating financial...

Singapore is considering introducing caning as a punishment for scammers, following a surge in fraud-related financial losses that placed the country at the top...