FATF and APG place Singapore in regular follow-up after AML evaluation
Singapore AML authorities must complete FATF/APG roadmap actions within three years
FATF
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Change
FATF and APG placed Singapore in regular follow-up after the 2026 mutual evaluation and gave Singapore a three-year roadmap to strengthen AML/CFT/CPF results.
Why it matters
The evaluation shifts Singapore's AML/CFT/CPF follow-up from framework strength to demonstrable risk-based outcomes. Singapore authorities must address FATF/APG roadmap actions on beneficial ownership transparency, complex high-value money-laundering investigations and context-specific proliferation-financing mitigation.
Implications
- — Singapore AML/CFT/CPF authorities must complete the FATF/APG Key Recommended Actions within three years and report progress under regular follow-up.
- — Singapore supervisory and registry authorities must strengthen transparency controls for complex arrangements and Unregistered Foreign Companies where FATF/APG found beneficial ownership accuracy gaps.
- — Singapore law-enforcement and financial-intelligence authorities must prioritise complex high-value money-laundering investigations beyond cyber-enabled fraud, including tax crimes, corruption and trade-based money laundering.
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