The Anti-Money Laundering Framework for Precious Stones and Metals Dealers in Singapore
(2022) Journal of Money Laundering Control (Forthcoming)
9 Pages Posted: 31 Aug 2021 Last revised: 18 Jan 2022
Date Written: August 11, 2021
Precious stones and metals have commonly been used throughout the world as a conduit for terrorism and money laundering activities. Such illicit use of these assets has called for its much-needed attention from a regulatory perspective. This is particularly relevant in a financial haven such as Singapore. Accordingly, this article seeks to explore how several of the most common trading and investment activities involving precious stones and metals in Singapore are regulated.
Keywords: Anti-Money Laundering, Regulation, Precious Stones and Metals, Singapore
Suggested Citation: Suggested Citation