Singapore's wealth management industry faces unprecedented regulatory scrutiny from the Monetary Authority of Singapore (MAS), focusing on AML/CFT enforcement, Source of Wealth verification, and digital oversight.
Technology transforms compliance teams, introducing opportunity and risk. The upcoming Hubbis Compliance & Regulatory Forum – Singapore 2025 will discuss innovation, controls, and regulatory accountability.
The wealth management community in Asia requires compliance, learning, regulation, skills, products, suitability, and technology.
Author's summary: Singapore's wealth management industry is under regulatory scrutiny.