Collaborative Sharing of ML/TF Information & Cases (COSMIC), is a Financial Institution (FI) to FI technological info-sharing platform to combat financial crime. It builds on the stronger AML/CFT controls that the industry has developed over the years, and shifts us to a new paradigm of more effectively combating ML/TF, leveraging technology.

The Monetary Authority of Singapore invites comments on the proposed Regulations that set out the scope of relevant parties whose information may be shared via COSMIC (“Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information & Cases”). COSMIC will allow participating financial institutions to...

Consultation number:

P020-2023

Start date:

06 December 2023

Closing date:

05 January 2024

This consultation paper seeks views on a proposed notice that sets out MAS’ further requirements relating to the sharing of information through the FI-FI information sharing platform for AML/CFT, known as COSMIC, which stands for “Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information &...

Consultation number:

P018-2023

Start date:

16 November 2023

Closing date:

15 December 2023

This consultation paper seeks views on the introduction of a regulatory framework and secure digital platform for financial institutions to share risk information with each other to prevent money laundering, terrorism financing, and proliferation financing.

Consultation number:

P013-2021

Start date:

01 October 2021

Closing date:

01 November 2021

MAS response date:

20 March 2023