Singapore’s Digital Payment Token (DPT) sector is subject to increasingly rigorous oversight by the Monetary Authority of Singapore (MAS). Our regulatory compliance consultants support DPT service providers — including crypto exchanges, OTC desks, and Web3 payment platforms — with Payment Services Act (PSA) licensing, Major Payment Institution (MPI) and Standard Payment Institution (SPI) applications, AML/CFT framework design, MAS Notice PSN02 compliance, and travel rule implementation. We also advise on the boundary between DPT activities and capital markets regulation under the Securities and Futures Act (SFA), ensuring your business activities remain within Singapore’s regulatory perimeter.
Who is the Wolfsberg Group?The Wolfsberg Group (the Group) is an alliance of 13 global banks formed in 2000 to develop anti-money laundering and counter-terrorist financing guidelines. Its members collaborate…
Singapore’s National Risk Assessment (NRA) pertaining to prevalent Money Laundering (ML) & Terrorism Financing (TF) risks was recently updated. The updated NRA covers threats and vulnerabilities in Singapore which evolved…