National Strategy for Countering the Financing of Terrorism (CFT)
Singapore has adopted a five-point strategy which comprises:
- Coordinated and Comprehensive Risk Identification;
- Strong Legal and Sanctions Frameworks;
- Robust Regulatory Regime and Risk Targeted Supervisory Framework;
- Decisive Law Enforcement Actions; and
- International Partnerships and Cooperation.
As necessary, the relevant law enforcement, policy and supervisory agencies have adopted action plans as guided by the National CFT Strategy.
The MAS Enforcement Report sets out the enforcement actions taken by MAS, as well as SFA and FAA cases investigated under MAS-CAD Joint Investigation Arrangement, for the period of 1 January 2022 to 30 June 2023. The report also gives an update on the progress of MAS' enforcement priorities for 2022/2023 and outlines MAS’ key enforcement priorities for 2023/2024.
This report highlights one of the foundational principles of Project Guardian – the establishment of open and interoperable networks. A framework is introduced for understanding the design options to enable the trading of digital assets across networks and liquidity pools. This framework considers the core principles of...
This paper provides a technical overview to the concept of PBM, which enables money to be directed towards a specific purpose, without requiring money itself to be programmed. PBM features the use of a common protocol that is designed to work with different ledger technology and forms of money. With a standardised...