Regulated Dealers and Regulated Dealings under Singapore AML Laws

Singapore’s AML regulations define the list of transactions subject to AML compliance, known as “Regulated Dealings”. These regulated dealings refer to activities about precious metals and precious stones, such as buying, selling, manufacturing, etc.

The person conducting regulated dealings would be construed as a “Regulated Dealer“ and must adhere to the AML compliance obligations imposed under Singapore’s AML regulations.

Here is an infographic presenting the brief about what all activities would be construed as regulated dealing and who would qualify as a regulated dealer.

AML Singapore is a one-stop solution for all regulated dealers for complete AML consultancy support, from developing your AML policies and program to assisting in regulatory reporting.