Singapore Publishes New Strategy to Combat TF

• AML/CTF/CPF
• Industry News

Singapore Publishes New Strategy to Combat TF

The Singapore government has published a five-pronged strategy to prevent, detect, investigate, and enforce against terrorism financing (TF) labelled The National Strategy for Countering the Financing of Terrorism which provides a roadmap for the development of future action plans to combat TF.

The Strategy was formulated based on findings from it’s national risk assessment of TF risks conducted in 2020.