Singapore, 7 May 2026 – Singapore has received the highest monitoring outcome from an international financial-crime watchdog, reinforcing its status as one of Asia’s most robust anti-money laundering and counter-terrorism financing regimes even as the city-state continues to address weaknesses exposed by its record S$3 billion money laundering scandal.
The assessment placed Singapore under regular follow-up, a process applied to jurisdictions that have performed well in the evaluation. The review found that Singapore has a strong legal and institutional framework to combat money laundering, terrorism financing and proliferation financing, supported by close coordination among government agencies and financial regulators.
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