During a parliamentary session, Minister of State Alvin Tan delivered a supporting statement on behalf of Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, and Chairman of the Monetary Authority of Singapore (MAS). The statement focused on Singapore’s robust anti-money laundering regime. Minister Tan emphasized that Singapore has implemented a comprehensive framework to combat money laundering and terrorist financing. The country’s regime adheres to international standards and is continually updated to stay ahead of evolving risks. Singapore’s commitment to transparency, cooperation with international partners, and effective enforcement were highlighted as key pillars of its anti-money laundering efforts. The statement concluded with the assurance that Singapore remains vigilant in combating illicit financial activities and will continue to enhance its regime to safeguard its reputation as a trusted global financial center.
HomeDIGITAL ASSETS REGULATORYsingapur_MASMr. Alvin Tan's Remarks on Singapore's Anti-Money Laundering Laws, on Behalf of...