Due Diligence Mitigation Technology Risk 
Fintech News
OCTOBER 8, 2024
The aim is to mitigate the risks associated with such businesses. These include maintaining a minimum capital of S$ 250,000 and adhering to stringent AML/CFT obligations, such as conducting customer due diligence, monitoring transactions, and reporting suspicious activities.
Fintech News
JANUARY 24, 2024
The move aims to protect against financial crime and loss, particularly in digital fraud, and includes broadening DPT service definitions and enhancing Anti-Money Laundering (AML) protocols such as Customer Due Diligence and transaction monitoring.
Global Fintech & Digital Assets
NOVEMBER 7, 2023
Digital Securities that do not qualify under the narrower subset of Tokenised Securities are securities with no links to extrinsic rights or underlying assets and that have no controls to mitigate the risks that ownership rights may not be accurately recorded. through transfer restrictions or whitelisting).
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