The International Comparative Legal Guide to Anti-Money Laundering 2023 – Singapore chapter by Drew & Napier 03 Jul 2023 Co-Head of Criminal Law Practice, Gary Low and Functional Director Terence Tan, co-authored the Singapore chapter in the International Comparative Legal Guide to Anti-Money Laundering (AML) 2023. The Singapore chapter provides a comprehensive overview of the crime of money laundering and its criminal enforcement, AML regulatory and administrative requirements and enforcement, and AML requirements for financial institutions and other designated businesses. The topics discussed include the elements of the offence of money laundering in Singapore, penalties for persons convicted of money-laundering or who fail to comply with regulatory/admin AML requirements, other types of sanctions imposed besides monetary fines, and cross border transactions reporting requirements, among others. You may read the full chapter here.