Choon Hong Chua, Head of Financial Crime Practice Group for APAC and Middle East, was recently interviewed by Singapore radio station MONEY FM 89.3. In this interview, he unpacks the wider impact of the recent money laundering case making headlines in Singapore.
Sectors like real estate are at a higher risk of having suspicious transactions with ill-gotten funds (read more about money laundering methods in a digital age)
The next step in mitigating AML risks is to assess overseas transactions and counterparties
Stringent AML regulations and enforcement needed to continue deterring financial criminals
Listen to the full interview here: https://www.moneyfm893.sg/guest/chua-choon-hong-moodys-analytics/