Regulatory Alerts2025-06-30
Added
Guidelines to MAS Notice 824 on Prevention of Money Laundering and Countering the Financing of Terrorism - Finance Companies
The Monetary Authority of Singapore issued these guidelines to provide detailed guidance to all finance companies incorporated in Singapore on complying with Notice 824 regarding anti-money laundering and countering the financing of terrorism. The document supersedes previous versions dated 2015 and 2009, with the cancellation taking effect from 1 July 2025. It establishes the specific regulatory requirements that finance companies must adhere to in order to prevent financial crimes and maintain compliance with Singapore's legal framework.
Topics
Share