MAS publishes AML/CFT guidelines for certain insurers

In particular, these are for “direct general insurance”, “direct life insurance” and reinsurance businesses. It speaks to the three lines of defense, management commitment, policies and procedures, training, CDD and training, record keeping and SAR/STR reporting. It’s a light read – 12 page PDF. As time permits, I may republished it by section to keep the reading to a minimum.

Link:

MAS AML/CFT Guidelines document

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