Regulatory Alerts2025-06-30
Added
Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service
The Monetary Authority of Singapore issues these guidelines to specify anti-money laundering and countering the financing of terrorism requirements for digital payment token service providers. The document mandates compliance with Notice PSN02 and applies to both major and standard payment institutions. It was last revised on 30 June 2025 to update previous versions effective from April 2024.
Guidelines
Last Revised Date: 30 June 2025
Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service
Guidelines for digital payment token service providers on Notice PSN02 for the prevention of money laundering and countering the financing of terrorism.
AML/CFT
Applies to:
Major Payment Institution
,
Standard Payment Institution
View Document
Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service
(724.1 KB)
These guidelines provide guidance to all digital payment token service providers on the requirements in Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service. They should be read in conjunction with the Notice.
30 June 2025 Previous Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service dated 2 April 2024 (672.6 KB) is revised on 30 June 2025. [Amendments]
2 April 2024 Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service dated 2 April 2024 (672.6 KB) takes effect from 4 April 2024. [Amendments]
2 April 2024 This MAS Notices PSN01, PSN02 (Cancellation) 2024 (112.4 KB) cancels Guidelines to Notice PSN02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Digital Payment Token Service dated 16 March 2020 (0.98 MB) with effect from 4 April 2024. [Amendments]
Requirements for digital payment token service providers on anti-money laundering (AML) and countering the financing of terrorism (CFT)