Designing a governance framework for sanctions Firms are required to ensure compliance with global sanctions regimes and export controls to prevent terrorism and organised crime. In order to meet these requirements, they will need to monitor regulatory changes and maintain an internal framework to ensure that customers, third parties and transac...
Travel Agency Used as a Front by Terrorists A travel agency was created on Bintan Island, Indonesia as a cover for the Islamic State in Iraq and Syria (ISIS) to facilitate the safe passage of other terrorists. The agency was created by Indonesia militant suspect Gigih Rahmat Dewe with an initial seed money of 27 million rupiah (S$2,800) from ...
Regulatory Instruments Issued by MAS The Monetary Authority of Singapore (MAS), in carrying out its functions as a regulator of the financial services industry, issues various instruments under Acts administered by MAS. For the purposes of this website, the following classification of instruments issued by MAS is adopted:(1) Acts
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