A relatively small Southeast Asian city-state of around five million people, Singapore has undoubtedly grown to become one of the most economically innovative jurisdictions in the world.
As a result, it has become an increasingly important player in the FinTech world, providing a home for over 1,400 firms and 40 innovation labs.
This guide explores Singapore’s AML/CFT landscape for FinTechs in-depth, including:
Highlights
The Singaporean Framework: FATF recommendations, AML/CFT regime, and recent developments
Core compliance responsibilities, from licensing to governance and compliance
Implementation challenges
Risks and the regulatory environment
