In forceAmendedAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)
Legal Profession (Prevention of Money Laundering, Financing of Terrorism and Proliferation Financing) Rules 2015 · As enacted · Part 4 · New Technologies, Services and Business Practices
23. Identification and assessment of risks from new technologies, etc.
Feedback & supportAmended
Last amended by an amending law of 2025.
A legal practitioner or law practice must identify and assess the risks of money laundering, the financing of terrorism and proliferation financing that may arise in relation to —
(a)
the development of any new service or new business practice (including any new delivery mechanism for any new or existing service); and
(b)
the use of any new or developing technology for any new or existing service.