We provide compliance, advisory and practical solutions to organisations and private clients. Operating in Singapore, Hong Kong, New Zealand, British Virgin Islands and Samoa, our team of experts has many years of regulatory, compliance, risk, governance and fiduciary experience.
Our internal audit addresses areas such as:
We provide support to:
The Cayman Islands AML/ CFT regime includes, the Proceeds of Crime Law , the Anti-Money Laundering Regulations, and the December 2017 Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands.
The Economic Substance (Companies and Limited Partnership) Act 2018 (the Act) has been enacted in the British Virgin Islands (BVI) and came into force on 1 January 2019. The Act requires certain BVI legal entities carrying on relevant activities to demonstrate adequate economic substance in the BVI.
Singapore regulators are determined to leave no stone unturned in their quest to instil a robust anti-money laundering (AML) regime in the country. Glen Chee, Director at DWF Compliance discusses the changes at the Hubbis Compliance in Asian Wealth Management Forum in Singapore.