Singapore
Stay informed about AML/CFT developments in Singapore, including updates from ACRA, MAS, the Ministry of Law, the Singapore Police Force and other authorities. Coverage includes CSP compliance, financial sector regulation, enforcement cases, fraud risks and regulatory guidance.
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Singapore Police Investigate 259 Suspected Scammers and Money Mules Linked to S$5.2 Million in Losses
Singapore Police are investigating 259 people for suspected involvement in scams as scammers or money mules following a two-week islandwide enforcement operation conducted from 10…
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Singapore Requires Casinos to Share Patron Information for ML/TF/PF Risk Controls
Singapore has brought into force a requirement for casino operators to share patron information with one another for the purpose of tackling money laundering, terrorism…
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Singapore Arrests Alleged Scam Syndicate Coordinator Linked to at Least S$500,000 in Laundered Proceeds
Singapore authorities have taken custody of a 27-year-old Malaysian man suspected of coordinating a cross-border scam and money-laundering operation involving runners who collected valuables from…
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Australian Police Charge Man Over A$2 Million in Suspected Retail Money Laundering Transactions
Australian Federal Police have charged a 21-year-old Chinese national over an alleged money laundering scheme involving more than A$2 million in high-frequency, low-value transactions at…
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Singapore Jails Automotive Business Directors for Tax Evasion and Money Laundering
Two directors and shareholders of Singapore automotive company William’s Auto Pte Ltd have been jailed after being convicted of income tax and Goods and Services…
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Singapore Cancels Precious Metals Dealer Registration on Public-Interest Grounds
Singapore’s Registrar of Regulated Dealers has cancelled Singapore Precious Metals Exchange Pte. Ltd.’s registration under the PSPM Act on public-interest grounds, with effect from 11…
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Singaporean Malone Lam Pleads Guilty in $245 Million Crypto Theft and Laundering Case
Singapore citizen Malone Lam has pleaded guilty in Washington, D.C. to participating in a racketeering conspiracy tied to an international cybercrime enterprise that stole and…
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Singapore Police Investigate 98 People in Islandwide Unlicensed Moneylending Operation
Singapore Police are investigating 98 people for suspected involvement in unlicensed moneylending following a seven-day islandwide enforcement operation. The suspects, aged between 17 and 78,…
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ACAMS Singapore Event to Examine AI-Powered Financial Crime Detection and Governance
The ACAMS Singapore Chapter will hold an in-person event on 22 September 2026 examining how artificial intelligence is being deployed in financial-crime detection and how…
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Singapore Police and Crypto Providers Use Blockchain Analysis to Identify 355 Scam Victims
Singapore Police Force’s Cyber Command and eight Digital Payment Token service providers identified more than 355 scam victims and prevented more than S$8.94 million in…
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