Guidelines
These guidelines apply to all merchant banks incorporated in Singapore. They provide guidance on the requirements in MAS Notice 1014 on Prevention of Money Laundering and Countering the Financing of Terrorism – Merchant Banks. These guidelines should be read in conjunction with the notice.
The guidelines cover:
- Assessing and applying a risk-based approach.
- Board and senior management oversight.
- Internal controls and risk management.
Amendment Notes
- 02 Dec 2009
- Previous version dated 02 December 2009 (163.5 KB)[Cancelled]