Singapore: anti-money laundering laws, penalties and compliance requirements

Anti-Money Laundering, Immigration, and Consumer Protection: Immediate Implications of Executive Order 14406

Singapore introduces caning punishment for scammers amid rising financial fraud losses

Scam victims in Singapore have lost around US$2.9 billion since 2020, according to data from the local police.

AMLA outlines common EU approach to enforcing anti-money laundering rules

For the first time, financial supervisors across the EU will apply a harmonised approach to enforcing breaches of anti-money laundering and

Evaluating the Effectiveness of Global Money Laundering Control Systems

The continued globalization of finances has generated an ever-larger array of methods for making criminal earnings appear legitimate. The gl

South Korea Proposes Expanding Crypto Travel Rule to Smaller Transfers

South Korea’s FIU called for expanded crypto Travel Rule coverage during FATF discussions, citing ongoing AML compliance gaps that persist a

ABN Amro fined €8.5 million for inadequate money laundering checks

De Nederlandsche Bank (DNB) imposed a fine of €8.5 million on ABN Amro for inadequate anti-money laundering controls between September 2023