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Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009
reg 3

In forceAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)

Contents

Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009

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1Citation and commencement
2Definitions
3Application of these Rules
4General principles
5Internal policies, procedures and controls
5AGroup policy
5BAssessment of risks
6Initial and ongoing CDD measures
6ACustomer screening
6BExisting borrowers
6CGeneral obligations for all CDD measures
6DSimplified CDD measures
6EEnhanced CDD measures for politically-exposed persons
6FEnhanced CDD measures in other cases
6GPerformance of CDD measures by third parties
7Suspicious transaction reporting
7ATipping-off
7BRecord keeping
8Audit and compliance
9Employees and officers
9APersonal data
10Power to issue guidelines and directions
11General penalty
12Revocation

Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009 · As enacted

3. Application of these Rules

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Official textFrom Singapore Statutes Online, unchanged

These Rules shall apply to every moneylender who grants secured or unsecured loans to the general public.

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Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009 · reg 3

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Singapore Statutes Online · Moneylenders (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Rules 2009, As enacted. Reader record updated on 2 Aug 2026.

Singapore legislation is Government copyright, used with the permission of the Attorney-General’s Chambers. Check Singapore Statutes Online for the latest version.

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