Regulatory Alerts2025-06-30
Added
Guidelines to Notice SFA 04-N02 on Prevention of Money Laundering and Countering the Financing of Terrorism - Capital Markets Intermediaries
The Monetary Authority of Singapore issues these guidelines to clarify anti-money laundering and countering the financing of terrorism requirements for capital markets intermediaries under Notice SFA 04-N02. The document outlines specific regulatory obligations for exempt financial advisers and exempt corporate finance advisers, including exemption criteria, lodgement forms, and ongoing compliance duties. It further instructs intermediaries on the timing and procedures for reporting suspicious activities and incidents of fraud.
Guidelines
Last Revised Date: 30 June 2025
These guidelines provide guidance to capital markets intermediaries on the requirements in Notice SFA 04-N02 to Capital Markets Intermediaries on Prevention of Money Laundering and Countering the Financing of Terrorism . They should be read in conjunction with the notice.
30 June 2025 This Cancellation of Notices (30 June 2025) (84.6 KB) cancels the Guidelines to MAS Notice SFA04-N02 on Prevention of Money Laundering and Countering the Financing of Terrorism dated 24 April 2015 (354.9 KB) with effect from 1 July 2025. [Cancelled]
24 Apr 2015 Previous version dated 24 April 2015 (649.9 KB) [Cancelled]
02 Dec 2009 Previous version dated 02 December 2009 (161.5 KB) [Cancelled]
Requirements for capital markets intermediaries on anti-money laundering (AML) and countering the financing of terrorism (CFT).
Provides guidance on regulatory requirements that an exempt financial adviser serving up to not more than 30 accredited investors or an exempt corporate finance adviser is expected to comply with, including criteria for exemption, form for lodgement as an exempt person and ongoing regulatory requirements.
When to report suspicious activities and incidents of fraud.