How to prepare for ACRA AML/CFT review – A checklist for busy professionals

<updated to the latest ACRA RFA Guidelines version 2.3 dated 12 Nov 2018> Since the implementation of the ACRA (Amendment) Act in 2014, ACRA has engaged audit firms to conduct independent Anti-Money Laundering/ Countering the Financing of Terrorism (AML/CFT) reviews for Registered Filing Agents (RFAs) or Corporate Service Providers (CSPs). Under the new AML/CFT framework, it is a requirement for CSPs to develop and implement Internal Policies, Procedures and Controls (IPPC) to comply with Financial Action[…]