Singapore issues AML strategy plus proliferation financing, legal persons and virtual assets risk assessments

Fraud (especially cyber-enabled), overseas organised crime abuse of online gambling, corruption and tax evasion proceeds from abroad, and trade-based money laundering are the key threats identified in Singapore's latest Anti-Money Laundering Strategy, published on 30 October 2024.

Fraud (especially cyber-enabled), overseas organised crime abuse of online gambling, corruption and tax evasion proceeds from abroad, and trade-based money laundering are the key threats identified in Singapore's latest Anti-Money Laundering Strategy, published on 30 October 2024. [1]