MAS Notices on the Prevention of Money Laundering and Countering the Financing of Terrorism

By ·

MAS Notices AMLCFT
You are here:
  • Library
  • Legislation
  • MAS Notices on the Prevention of Money Laundering and Countering the Financing of Terrorism

MAS Notices

Financial Institution TypeNotice
The DepositorySFA03AA-N01
Banks626
Merchant Banks1014
Finance Companies824
Credit Card or Charge Card Licensees626A
Holders of Money-Changer's License and Remittance License3001
Life Insurer314
Financial AdvisersFAA-N06
Capital Market IntermediariesSFA04-N02
Approved TrusteesSFA13-N01
Trust CompaniesTCA-N03
Holders of Stored Value FacilitiesPSOA-N02

Related Post

 Terrorist Financing Explored The main purpose of terrorism is to threaten ordinary people, governments or international organisation into acting in a particular way or desisting from action, usually by fear tactics. Terrorist financing is a term used to describe the activities that provide financial support to terrorism. One w...
 Source of Wealth / Source of Funds (SOW / SOF) Source of Wealth (SOW) Refers to the origin of the customer's entire body of wealth.Examples of SOW:ownership of a business employment inheritance investmentsSource of Funds (SOF) Refers to the origin of the particular funds or any other monetary instrument which are the sub...
 Predicate Offence A predicate offence is a crime that is a component of a more serious crime. For example, producing unlawful funds is the primary offence and money laundering is the predicate offence.The term "predicate offence" is usually used in referenced to money laundering or terrrorism financing activities...

About JX Low

Editor · Dip(AML)

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

Be the first to know
We hate spam as much as you do