Singapore : Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

February 20, 2009

Electronic Access:

Free Full text (PDF file size is 685 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Singapore’s compliance with the Observance of Standards and Codes on Financial Action Task Force (FATF) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is reviewed. Singapore’s AML/CFT efforts are centered on having a sound and comprehensive legal, institutional, policy and supervisory framework, maintaining a low domestic crime rate, fostering intolerance for domestic corruption, and ensuring an efficient judiciary. Singapore has systematically taken steps to address many of the recommendations that have been made in its second FATF mutual evaluation in 1998–99.

Series:

Country Report No. 09/66

Subject:

English

Publication Date:

February 20, 2009

ISBN/ISSN:

9781451834291/1934-7685

Stock No:

1SGPEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

24

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