by Jyotsna Bucktowar | Jul 5, 2024
Singapore unveiled its National Asset Recovery Strategy, detailing its robust efforts to recover illicit funds and assets, and to return them to victims. Prime Minister and Minister for Finance Lawrence Wong announced the strategy at the opening of the FATF Plenary...
by AdrianaAMLP | Jul 1, 2024
Update takes into account key developments since the last TF NRA in 2020, such as the evolving global and regional terrorism landscape, growth of the digital economy and financial services in Asia, and emerging TF risk typologies. Similar to 2020, the 2024 TF NRA has...
by AdrianaAMLP | Jun 26, 2024
Between January 2019 and June 2024, Singapore seized S$6 bn linked to criminal and ML activities. S$416 mn has been returned to the victims, and S$1 bn has been forfeited to the State. The large bulk of the remainder is linked to ongoing investigations or court...
by Jyotsna Bucktowar | Jun 21, 2024
Singapore has been closely monitoring our ML risks including conducting thematic risks assessments in relation to abuse of legal persons, virtual assets, and environmental crime ML, to ensure that these risks are surfaced in a timely manner to facilitate targeted risk...
by Jyotsna Bucktowar | Jun 8, 2024
Environmental crimes, including wildlife trafficking and logging generate significant global criminal gains, with Singapore’s high exposure to these crimes due to its international financial center and externally-oriented economy…
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