The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to … [Read more...] about Consumer Advisory on Investment Schemes Involving Digital Tokens (Including Virtual Currencies)
Brand New Identity!
We've refreshed our brand! Old New What do you think? Let us know in the comments below! … [Read more...] about Brand New Identity!
Bangladesh to take over Co-Chair of the APG in 2018
The Asia/Pacific Group on Money Laundering (APG) announced that Bangladesh would be taking over the Co-Chair from Sri Lanka. The position was established in the APG’s first annual meeting in Tokyo, Japan, where its members will be elected for a two-year term. During … [Read more...] about Bangladesh to take over Co-Chair of the APG in 2018
Public Consultation on the Draft Guidance for Private Sector Information Sharing – FATF
Publication from Financial Action Task Force 29 June 2017Effective information-sharing is one of the cornerstones of a well-functioning AML/CFT framework. Constructive and timely exchange of information is a key requirement of the FATF standards and cuts across a … [Read more...] about Public Consultation on the Draft Guidance for Private Sector Information Sharing – FATF
Singapore Signs MCAAs to Enhance Tax Co-operation on Exchange of Information
PRESS RELEASE BY MINISTRY OF FINANCE, SINGAPORE On 21 June 2017, Singapore will sign the Multilateral Competent Authority Agreements (“MCAAs”) on:the Automatic Exchange of Financial Account Information under the Common Reporting Standard (“CRS”); and the … [Read more...] about Singapore Signs MCAAs to Enhance Tax Co-operation on Exchange of Information