Regulatory Alerts2025-06-30
Added
Guidelines to Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism
The Monetary Authority of Singapore issued these guidelines to provide financial advisers with detailed guidance on complying with Notice FAA-N06 regarding anti-money laundering and countering the financing of terrorism. The document applies to licensed, exempt, and specific exempt financial advisers, governing their regulatory obligations and those of their representatives and supervisors. This version, effective from 30 June 2025, supersedes and cancels the previous guidelines dated 24 April 2015.
Guidelines
Last Revised Date: 30 June 2025
Guidelines to Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism
Guidelines for financial advisers on the requirements in Notice FAA-N06 for the prevention of money laundering and countering the financing of terrorism.
AML/CFT
Applies to:
Licensed Financial Adviser
,
Exempt Financial Adviser
,
Exempt Financial Adviser Serving up to 30 Accredited Investors
View Document
Guidelines to Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism
(534.3 KB)
These guidelines apply to all financial advisers. They provide financial advisers with guidance on the requirements in Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism – Financial Advisers .
These guidelines should be read in conjunction with Notice FAA-N06.
30 June 2025 This Cancellation of Notices (30 June 2025) (84.6 KB) cancels the Guidelines to MAS Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism dated 24 April 2015
with effect from 1 July 2025. [Cancelled]
24 Apr 2015 Previous version dated 24 April 2015 (500.6 KB) [Cancelled]
02 Dec 2009 Previous version dated 02 December 2009 (145.6 KB) [Cancelled]
Requirements for financial advisers on anti-money laundering (AML) and countering the financing of terrorism (CFT).
Governs the regulation of financial advisers in Singapore, including their representatives and supervisors.