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.

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

MAS response date:

28 March 2024

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