Events listed in Terrorism (Suppression of Financing) Act
Strengthening Financial Institutions’(FIs) Countering the Financing of Terrorism ...
ID 23433
The Monetary Authority of Singapore (MAS) recently conducted a survey and subsequent reviews to assess financial institutions‘ (FIs) understanding of terrorist financing (TF) risk and the effectiveness of their controls related to combating the financing of terrorism (CFT). As a consequence, MAS has now issued a corresponding paper in which **the regulator presents its key observations from the reviews and outlines its supervisory expectations ...