You are here

How S'pore can raise the compliance bar

Singapore, a premier financial hub, has to reinforce its firewall against money laundering and terrorist financing by building a risk awareness and compliance culture.

BT_20161104_LCKBARCOE9_2580532.jpg
On the most basic level, Singapore can help banks to effectively reduce substantial costs and understand the risks associated with each and every customer.

SINGAPORE has one of the lowest rates of financial crimes in the world. It is a feat given the country's position as a global financial centre and international trading and transportation hub, where voluminous transactions take place daily.

On the flip side, the country's status as a

sentifi.com

Market voices on:

Powered by GET.comGetCom