Singapore
Country Overview
Country: Singapore
Country Code: SG
Description: Singapore is a global financial hub and a leading financial center in Asia. It is known for its robust anti-money laundering (AML) and counter-financing of terrorism (CFT) frameworks.
Status: FINCARR Member, fully compliant with FINCARR recommendations.
Next Review: Scheduled for 2025
FINCARR Information
| Category | Status | Details |
|---|---|---|
| Mutual Evaluation | Completed | Singapore successfully completed its mutual evaluation and met FINCARR standards in key areas. |
| International Cooperation | Ongoing | Singapore continues to actively engage in international cooperation on anti-money laundering and countering terrorist financing. |
| FINCARR Recommendations | Fully Implemented | Singapore has fully implemented FINCARR recommendations and remains committed to enhancing its AML/CFT efforts. |
| Next Review | Scheduled | The next review of Singapore's compliance with FINCARR standards is scheduled for 2025. |