Monographs/Information Papers
Environmental Crimes Money Laundering National Risk Assessment
Singapore’s Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) provides a targeted overview of Singapore’s environmental crimes ML risk environment and identifies the key threats and vulnerabilities Singapore is exposed to. It also outlines relevant mitigation measures that government agencies and private sector can develop and implement to address ML risks arising from environmental crimes.
About the Report
The Environmental Crimes ML NRA assessed that Singapore’s key exposure to environmental crimes ML stems from our position as an international financial center, and a trading and transit hub, with a highly externally-oriented economy. Singapore is susceptible to threats that emanate from illegal wildlife trafficking, illegal logging, and waste trafficking, which are prevalent in Southeast Asia.
The relevant law enforcement agencies, financial intelligence units, policy and supervisory agencies will continue to stay vigilant of the risks identified and raise the private sector’s risks awareness. Financial institutions and designated non-financial businesses and professionals (such as corporate service providers and precious stones and metals dealers) should also take reference from the Environmental Crimes ML NRA in assessing their environmental crimes ML risks and enhance their controls as appropriate.
Related Publications
-
Monographs/Information PapersPublished Date: 11 September 2026
MAS' Approach to Resolution of Financial Institutions in Singapore
This Monograph explains MAS’ role as resolution authority and approach towards resolving financial institutions under MAS’ purview.
-
Monographs/Information PapersPublished Date: 12 August 2026
Information Paper on Culture Capabilities for Effective Remediation and Sustainable Change
The information paper sets out supervisory observations on four culture capabilities that have been associated with more effective remediation of serious risk events and lower likelihood of recurrence. The capabilities can also be applied pre-emptively before risk events occur.
-
Monographs/Information PapersPublished Date: 03 July 2026
Safeguards for Agentic Finance at Runtime (SAFR)
Safeguards for Agentic Finance at Runtime (SAFR) proposes a framework for the governance of AI agents in financial services, defining how agent actions are authorised, how human oversight is activated, and what is recorded at the point of every decision. The paper also discusses implementation considerations for...