News and Articles

Introducing a Refreshed Ingenique

A New Look. Trusted as Ever. Compliance Done Right. At Ingenique, we have always believed that Anti-Money Laundering, Counter-Proliferation Financing and Counter-Financing of Terrorism (AML/CPF/CFT) compliance should never hold your business back. It should be a source of confidence and...

AUSTRAC Enrolment for Tranche 2 Entities A Practical Guide to AMLCTF

AUSTRAC Enrolment Now Open for Tranche 2 Entities: A Practical Guide to AML/CTF Enrolment and Compliance

AUSTRAC opened enrolment for Tranche 2 entities on 31 March 2026, with full AML/CTF obligations commencing on 1 July 2026. If your business provides designated services — including legal services, accounting, conveyancing, real estate agency activities, property development, or dealing...

AUSTRAC AMLCTF Starter Kit for Accountants and TCSPs A Summary Guide to Compliance Readiness

AUSTRAC’s AML/CTF Starter Kit for Accountants and TCSPs: A Summary Guide to Compliance Readiness

From 1 July 2026, Tranche 2 entities that provide “designated services, including accountants, trust and company service providers (TCSP), dealers in precious stones, metals and products, lawyers, conveyancers, and real estate professionals, must comply with anti-money laundering and counter-terrorism financing...

AML/CFT Case Study: Money Laundering Through Gold Bars and Trade – Vulnerabilities and Risk Mitigation for DNFBPs

In a recent landmark case, Singapore authorities sentenced South Korean national Kim Taek Hoon to 5 years’ imprisonment for orchestrating a sophisticated money laundering operation involving over SG$1.55 billion (approximately USD1.15 billion) in illicit funds. Between 2014 and 2017, Kim...

Navigating AML/CTF Compliance in Australia: A Guide for Tranche 2 Entities Under the Amendment to the AML/CTF Act Effective 2026

Australia’s AML/CTF regime has evolved with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024, passed in December 2024. The legislation amends the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 to align Australia’s AML/CTF framework with the global standards...

The New Corporate Service Providers Regulations and Guidelines: Top 3 Requirements and Compliance Steps CSP Need to Know

(Updated on 22 May 2025) Singapore’s Corporate Service Providers (CSP) Act 2024 was passed by Parliament on 2 July 2024, and the Corporate Service Providers Regulations 2025 will come into effect on 9 June 2025, marking a significant step in strengthening the nation’s anti-money laundering, countering proliferation financing and countering...