Compliance (AML | CFT | CPF)
Compliance
Screening Function | Frequently Asked Questions|Guidelines for Licensed Moneylenders | Red Flag Indicators|AML/CFT/CPF Resources
Screening Function
You may now access the screening function via the following link.
Frequently Asked Questions
We have collated a list of frequently asked questions on how to use the screening function. You may wish to refer to these FAQs in the FAQ section.
Guidelines for Licensed Moneylenders
To access the guide, please click [here](/files/AMLCFT Documents/Info Guide 2020 for Moneylenders.pdf){:target="_blank"}
Red Flag Indicators
Click [here](/files/list of red flag indicators.pdf){:target="blank"} to view the list of red flag indicators.
AML/CFT/CPF Resources
1. Monetary Authority of Singapore's ("MAS") website - Lists of Designated Individuals and Entities
MAS publishes lists of
individuals and entities designated under the United Nations Act ("UN Act")
and the Terrorism (Suppression of Financing) Act ("TSOFA").
Licensed moneylenders should subscribe to the
MAS mailing list to receive updated lists of designated individuals and
entities. Licensed moneylenders are required to screen their customers
against the lists before engaging in any business or commercial activity
with them.
You may refer to the MAS Website Subscriber Services Guide for
a step-by-step guide to the subscription process.
2. Inter-Ministry Committee on Terrorist Designation ("IMC-TD")
The IMC-TD acts as Singapore's authority relating to the designation of terrorists. This prohibits any person/ entity from dealing with or providing any financial assistance to designated subjects, as required under the TSOFA.
On MHA’s website on IMC-TD, you will find information on counter terrorism financing legislation, IMC-TD’s process of designation, and relevant news articles.
To find out more about your obligations as a licensed moneylender on countering terrorism financing, please click here.
3. AML/CFT/CPF Resources
|
Document |
Uploaded |
|---|---|
|
MinLaw Industry Compliance and Engagement 2026 (MICE 2026){:target="_blank"} |
Jul 2026 |
|
Call for Action in Accordance with June 2026 FATF Statement{:target="_blank"} |
Jun 2026 |
|
Singapore’s 2026 Mutual Evaluation Report{:target="_blank"} |
May 2026 |
|
[Singapore’s 2026 Mutual Evaluation Report (FATF)](/files/AMLCFT Documents/MER_Singapore_2026.pdf){:target="_blank"} |
May 2026 |
|
FATF Publications: Horizon Scan on AI and Deepfakes, Report on Stablecoins and Unhosted Wallets{:target="_blank"} |
Mar 2026 |
|
[Horizon Scan on Artificial Intelligence and Deepfakes (FATF)](/files/AMLCFT Documents/horizon_scan_on_artificial_intelligence_and_deepfakes_fatf.pdf){:target="_blank"} |
Mar 2026 |
|
[Targeted Report on Stablecoins and Unhosted Wallets (FATF)](/files/AMLCFT Documents/targeted_report_on_stablecoins_and_unhosted_wallets_fatf.pdf){:target="_blank"} |
Mar 2026 |
|
Call for Action in Accordance with February 2026 FATF Statement{:target="_blank"} |
Feb 2026 |
|
Filing a Suspicious Transaction Report (STR) – English{:target="_blank"} |
Nov 2025 |
|
Filing a Suspicious Transaction Report (STR) – Mandarin{:target="_blank"} |
Nov 2025 |
|
Call for Action in Accordance with October 2025 FATF Statement{:target="_blank"} |
Oct 2025 |
|
Call for Action in Accordance with June 2025 FATF Statement{:target="_blank"} |
Jun 2025 |
|
[Countering Proliferation Financing Industry Best Practice Paper](/files/AMLCFT Documents/CPF_Best_Practice_Paper.pdf){:target="_blank"} |
May 2025 |
|
Mar 2025 |
|
|
Call for Action in Accordance with February 2025 FATF Statement |
Mar 2025 |
|
[Information and Guidance on Countering the Financing of Terrorism](https://acd.mlaw.gov.sg/files/information and guidance on countering the financing of terrorism.pdf){:target="_blank"} |
Feb 2025 |
|
[Singapore's Law Enforcement Strategy to Combat Money Laundering](/files/AMLCFT Documents/Singapore_Law_Enforcement_Strategy_to_Combat_ML.pdf){:target="_blank"} |
Nov 2024 |
|
[Singapore National Anti-Money Laundering Strategy](/files/AMLCFT Documents/Singapore_National_AML_Strategy.pdf){:target="_blank"} |
Nov 2024 |
|
High-risk and other monitored jurisdictions (FATF){:target="_blank"} |
Oct 2024 |
|
Methodology for assessing compliance with the FATF Recommendations and the effectiveness of AML/CFT (FATF){:target="_blank"} |
Oct 2024 |
|
MinLaw Industry Compliance and Engagement 2024 (MICE 2024){:target="_blank"} |
Aug 2024 |
|
[National Strategy for Countering the Financing of Terrorism (NSCFT)](/files/AMLCFT Documents/NSCFT_2024.pdf){:target="_blank"} |
Jul 2024 |
|
National Asset Recovery Strategy (NARS) 2024{:target="_blank"} |
Jun 2024 |
|
[National Strategy for Countering the Financing of Terrorism (CFT)](https://acd.mlaw.gov.sg/files/National Strategy for Countering the Financing of Terrorism.pdf){:target="_blank"} |
Oct 2022 |
|
Money Laundering from Environmental Crime{:target="_blank"} |
Jul 2021 |
|
Guidance on Proliferation Financing Risk Assessment and Mitigation{:target="_blank"} |
Jun 2021 |
|
Trade-Based Money Laundering - Trends and Developments{:target="_blank"} |
Dec 2020 |
|
Trade-Based Money Laundering - Private Sector{:target="_blank"} |
Dec 2020 |
|
COVID-19-related Money Laundering and Terrorist Financing Risks and Policy Responses (FATF){:target="_blank"} |
May 2020 |
|
COVID-19 and measures to combat illicit financing (FATF){:target="_blank"} |
Apr 2020 |
|
40 Recommendations (FATF){:target="_blank"} |
Apr 2019 |
|
[Notes for Moneylenders’ Briefing on 16 October 2015](/files/AMLCFT Documents/NotesAMLCFTROMbriefing16Oct20215.pdf){:target="_blank"} |
Oct 2015 |
|
[AML/CFT Newsletters - Issue 1 of 2020](/files/amlcft-newsletters/AMLCFT Newsletter Issue 1 of 2020.pdf){:target="_blank"} |
|
|
[AML/CFT Newsletters - Issue 1 of 2021](/files/amlcft-newsletters/(LML) AMLCFT Newsletter 1 of 2021.pdf){:target="_blank"} |
|
|
[AML/CFT Newsletters - Issue 2 of 2021](/files/amlcft-newsletters/(LML) AMLCFT Newsletter 2 of 2021.pdf){:target="_blank"} |
|
|
[AML/CFT Newsletters - Issue 1 of 2022](/files/amlcft-newsletters/2022 AMLCFT Newsletter Issue 1.pdf){:target="_blank"} |
4. ML/TF/PF/Virtual Assets National Risk Assessment
|
Document |
Uploaded |
|---|---|
|
[Money Laundering and Terrorism Financing Risk Assessment of Legal Arrangements](/files/AMLCFT Documents/MLTF_RA_Legal_Arrangements.pdf){:target="_blank"} |
Nov 2024 |
|
[Money Laundering and Terrorism Financing Risk Assessment of Legal Persons](/files/AMLCFT Documents/MLTF_RA_Legal_Persons.pdf){:target="_blank"} |
Nov 2024 |
|
[Proliferation Financing (PF) National Risk Assessment and Counter-PF Strategy](/files/AMLCFT Documents/PF_NRA_Counter_PF_Strategy.pdf){:target="_blank"} |
Nov 2024 |
|
[Virtual Assets Risk Assessment](/files/AMLCFT Documents/Virtual_Assets_RA.pdf){:target="_blank"} |
Nov 2024 |
|
[The Terrorism Financing National Risk Assessment (TF NRA) 2024)](/files/AMLCFT Documents/TFNRA_2024.pdf){:target="_blank"} |
Jul 2024 |
|
[Money Laundering National Risk Assessment (ML NRA) Report 2024)](/files/AMLCFT Documents/Money_Laundering_National_Risk_Assessment_2024.pdf){:target="_blank"} |
Jun 2024 |
|
[Environmental Crimes Money Laundering National Risk Assessment (ECML NRA 2024)](/files/AMLCFT Documents/Env_Crimes_ML_NRA_2024.pdf){:target="_blank"} |
May 2024 |
|
Singapore Terrorism Threat Assessment Report 2022{:target="_blank"} |
Aug 2022 |
|
[Terrorism Financing National Risk Assessment 2020](https://acd.mlaw.gov.sg/images/Terrorism Financing National Risk Assessment 2020.pdf){:target="_blank"} |
Jan 2021 |
|
[Singapore National Risk Assessment Report 2013](https://acd.mlaw.gov.sg/images/Singapore NRA Report 2013_24032015.pdf){:target="_blank"} |
Apr 2019 |