Financial institutions are a good prey for financial crimes in a volatile environment. As financial market remains accessible by global investors, cross-border movements of money have become increasingly common. This creates money laundering concerns for Singapore and put at stake our reputation of being a regional financial centre. International bodies such as FATF and the respective government agencies have made constant reviews and amendments to the legislation with the aim to strengthen the anti-money laundering levers across the world. Knowing Your Customer (KYC) has become a key to combat money laundering risk.

• Know the fundamentals of preventing money laundering
• Understand the reasons for imposing AML regulations
• Understand the evolvement of regulations addressing emerging money laundering threat
• Understand international (FATF) AML framework
• Understand the fundamentals of local AML regulatory framework

Module 1: Fundamentals of Money Laundering

Module 2: Reasons for Imposing AML Regulations

Module 3: Reasons for Imposing AML Regulations

Module 4: Evolvement of Regulations Addressing Emerging Money Laundering Threat

Module 5: Fundamentals of Local AML Framework

Module 6: Impact to Financial Industry