ANTI-MONEY LAUNDERING/ COUNTER FINANCING OF …

RFA Guidelines Version ANTI-MONEY laundering / COUNTER FINANCING OF TERRORISM GUIDELINES FOR REGISTERED FILING AGENTS Published 12 Nov 2018 1 RFA Guidelines Version TABLE OF CONTENTS 1 INTRODUCTION .. 2 2 APPLICATION OF THESE GUIDELINES .. 2 Definitions of Terms Used in Guidelines .. 2 Requirements for registration and renewal as filing agent .. 5 Terms and conditions of registration in Part II of the First Schedule of the Regulations 6 3 MONEY laundering AND THE FINANCING OF 7 What is money laundering ? .. 7 What is the FINANCING of terrorism? .. 7 4 OBLIGATIONS UNDER PART II OF FIRST SCHEDULE OF THE REGULATIONS .. 8 General obligations .. 8 Internal policies, procedures and controls to prevent activities related to money laundering and FINANCING of terrorism .. 8 Assessing risks and applying a risk-based approach .. 9 General principles for performance of customer due diligence measures.

A Politically Exposed Person (PEP _) is defined as an individual who: (a) is or has been entrusted with any prominent public function in Singapore (domestic PEPs) or in a country or territory outside Singapore (foreign PEPs). In this context, prominent public function includes the role held by a head of state, head

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  Persons, Financing, Counter, Laundering, Exposed, Politically exposed person, Politically, Laundering counter financing of

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