Transforming Beneficial Ownership
People rarely get excited about beneficial ownership. In fact, there will be a fair bit of moaning and groaning when this topic is...
FATF Mutual Evaluation Report on Singapore
Summary Overall, we think that it is a great report but with all things and especially when all eyes on you, it is a little hard to aim...
AML - Broken Record, Old Gramophone in a Runaway Train
That's basically it. A perfect formula for an auditory disaster when the old gramophone plays the broken record of Soul Asylum's 1993...
Panama Papers...BSI Bank...What's Next?
There have been no lack of Risk, Regulatory and Compliance issues to write about. Of late, a couple of issues are hogging the headlines...
First Corporate Money Mule Nabbed in Singapore
What? Money Laundering again?? Yes. This time it involved a DNFBP in Singapore. By the way, DNFBP refers to Designated Non-Financial...
Penny Wise, Pound Foolish
Fresh from the recent outcomes of the FATF Plenary Meeting where a number of interesting points are noted below: A statement on Brazil’s...
