Regulatory Alerts2025-06-30
Added
Guidelines to Notice PSN01 on Prevention of Money Laundering and Countering the Financing of Terrorism - Specified Payment Services
The Monetary Authority of Singapore issues these guidelines to specify anti-money laundering and countering the financing of terrorism requirements for payment service providers, excluding digital payment token service providers. The document provides detailed operational guidance to help entities comply with Notice PSN01 and must be read in conjunction with the primary notice. These regulations were revised on 30 June 2025, following a previous update on 2 April 2024 that cancelled the 2020 version of the guidelines.