Developments in Singapore International Risk Enforcement

Singapore, a financial hub known for a robust regulatory environment, is not immune to financial crime. The complex nature of global finance renders Singapore susceptible to money laundering and other risks. Rising geopolitical tensions have led to expansion of its autonomous sanctions measures and a targeted foreign investment screening regime. The Significant Investments Review Bill, passed in early 2024, may apply to both Singaporean and non-Singaporean investors in entities deemed critical to national security. This contributed article describes recent developments in Singapore’s international risk enforcement and the unique financial and screening risks associated with transactions in the country. See “Albemarle Resolutions Bring First Application of DOJ’s Compensation Incentives and Clawbacks Pilot Program” (Nov. 8, 2023).

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