Guidelines
Published Date: 06 September 2011

Guidelines for Financial Institutions to Safeguard the Integrity of Singapore's Financial System

Guidelines for financial institutions on safeguarding the integrity of Singapore's financial system, including the filing of Suspicious Transaction Reports.

These guidelines apply to all financial institutions (FIs) in Singapore. They reiterate Singapore's commitment to safeguarding the integrity of its financial system.

FIs should guard against the use of their operations to facilitate any illegitimate activity. If they have reason to suspect that any asset transfers into Singapore are illegitimate, they should file Suspicious Transaction Reports, and where appropriate, discontinue the business relationship.