The Inter-Ministerial Committee Report on Anti-Money Laundering Framework

The Inter-Ministerial Committee (IMC) released its report to share the findings and recommendations following a review of Singapore’s Anti-Money Laundering (AML) framework. The overarching strategy is a whole-of-society approach, in which relevant stakeholders, who are part of our frontline of defence, need to work collaboratively with the Government.

The IMC’s recommendations enhance Singapore’s framework to combat money laundering whilst remaining welcoming of the large majority of businesses, which are law-abiding and legitimate.

The IMC’s full report is available for download at go.gov.sg/imc-aml-report