Singapore’s National Anti-Money Laundering Strategy sets out the strategic approach to address ML risks

Singapore’s National Anti-Money Laundering (AML) Strategy sets out the strategic approach to address money laundering (ML) risks and will guide our risk-targeted actions to combat ML amidst rapidly changing risks, trends and criminal typologies. Combatting ML is of national importance to Singapore. Maintaining an effective AML framework protects Singapore’s system from illegal activities and illicit asset fund flows and reinforces Singapore’s reputation as a trusted international financial centre and business hub…