Singapore’s AML regulations outline specific transactions that fall under “Regulated Dealings,” primarily involving precious metals and stones, such as buying, selling, and manufacturing. Individuals engaged in these regulated dealings are classified as “Regulated Dealers” and are required to comply with the associated AML obligations set forth by Singapore’s regulations.
We also offer an infographic summarizing the activities considered regulated dealings and the qualifications for becoming a regulated dealer.
AML Singapore provides comprehensive consultancy services for regulated dealers, covering everything from the development of AML policies and programs to support with regulatory reporting.