In August 2020, the Monetary Authority of Singapore (MAS) published an Information Paper titled "Enterprise-Wide Money Laundering and Terrorism Financing Risk Assessment” (EWRA) on money laundering and terrorism financing to precipitate improvements in the risk assessment processes. The paper shares MAS observations and concerns around management oversight and robustness of EWRA analysis.

ACAMS understands that a robust risk assessment enables enterprises to implement relevant policies and control procedures to effectively mitigate risks and optimize the allocation of limited AML / CFT resources. Thus, we are pleased to invite you to join the ACAMS Webinar - "Safety and Soundness: Enhancing Your Institution’s EWRA to Meet the MAS Supervisory Expectation" on 7 October 2020.