Targeted Financial Sanctions
MAS gives effect to targeted financial sanctions under the UN Security Council Resolutions (UNSCRs) through MAS regulations issued pursuant to section 27A of the MAS Act and section 83 of the VCC Act . The regulations apply to all financial institutions and VCCs in Singapore.
Regulations for Targeted Financial Sanctions
Terrorism (Suppression of Financing) Act
Terrorism (Suppression of Financing) Act
For more information on terrorist designation and countering the financing of terrorism requirements, please refer to the Ministry of Home Affairs' website: Inter-Ministerial Committee - Terrorist Designation (IMC-TD) .