This course provides SME owners with a foundational understanding of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) within Singapore's regulatory framework. Participants will learn to identify key risks and common typologies associated with money laundering and terrorism financing that may affect their businesses. The course also covers practical measures to implement effective AML/CFT controls, helping to safeguard operations, maintain regulatory compliance, and build trust with stakeholders. By the end of the session, participants will be equipped to meet Singapore’s legal obligations and reduce potential legal and financial risks.At the end of the course, participantswill be able to : UnderstandAML/CFT principles and practices.Identify risks and potential mitigating solutionsUnderstand Singapore's AML/CFT regulations.
This course provides SME owners with a foundational understanding of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) within Singapore's regulatory framework. Participants will learn to identify key risks and common typologies associated with money laundering and terrorism financing that may affect their businesses. The course also covers practical measures to implement effective AML/CFT controls, helping to safeguard operations, maintain regulatory compliance, and build trust with stakeholders. By the end of the session, participants will be equipped to meet Singapore’s legal obligations and reduce potential legal and financial risks.At the end of the course, participantswill be able to :
Introduction to AML/CFT Definition and importance of AML/CFT.Overview of Singapore's AML/CFT policy objectives.Key stakeholders: MAS, ACRA, and other regulatory bodies.Legal and Regulatory Framework in Singapore Key legislation: Terrorism (Suppression of Financing) Act, Corruption, Drug Trafficking and Other Serious Crimes Act.FATF Recommendations and their application in Singapore.Obligations for businesses under AML/CFT regulations.Risk Assessment and Mitigation Identifying money laundering and terrorism financing risks.Risk-based approach to AML/CFT compliance.Group Discussion on a SME case study scenario Implementing AML/CFT MeasuresCustomer Due Diligence (CDD) and Know Your Customer (KYC) processes.Record-keeping and reporting obligations.Role of technology in AML/CFT compliance (e.g., transaction monitoring systems).Building Stakeholder Trust and Ethical GovernanceImportance of transparency and accountability.Communicating AML/CFT compliance efforts to stakeholders.Ethical considerations in AML/CFT practices.Training Methodology*Workshop style with SME case studies and exerciseClosing Date for Registration*1 August 2025
Introduction to AML/CFT
Legal and Regulatory Framework in Singapore
Risk Assessment and Mitigation
Implementing AML/CFT Measures
Building Stakeholder Trust and Ethical Governance
Training Methodology*
Closing Date for Registration*
For SME Business Owners/Entrepreneurs and SME Professionals.
Others = 3.50 Hours
04 Aug 2025 (1:30 PM - 5:00 PM)
For Members: $ 163.50 For Non-Members: $ 163.50
Sanjeev Gathani
MBA and extensively qualified and accomplished privacy, governance, risk and compliance professional, corporate advisor/trainer and public speaker with 20+ years of experience working for a range of businesses across Asia. Subject Matter Expert (SME) leading consultancy businesses and creating and delivering first-rate training in bespoke workshops. First Singaporean to be awarded Full Member Corporate Governance Practitioner (MGP); to have completed the Advanced Corporate Governance Certificate programme and to gain the Master Access and Privacy Professional (MAPP) accreditation.
60 Cecil StreetSingapore 049709
You are about to leave ISCA eServices Portal and the registration link will be opened in a new tab. Do you wish to continue?
This course has been added successfully
Declaration to be provided by CPE
This Course is Intended for CA Singapore Users..
If you have an account with us, please sign-in first. If you do not have an account with us, create one now for free.
Do you wish to apply for SFC funding? (Singapore Citizenship Only)
05 May 2025 - 05 May 2025
08 May 2025 - 08 May 2025