The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Singapore Released Updated National Counter-Terrorism Financing Strategy: Money Remittances Remain High Risk with Cross-Border Online Payments as New Channel, Banks at Medium-High Risk with Cross-Border Fast Payments as New Channel, Digital Payment Token Service Providers at Medium-High Risk, Non-Profit Organisations Remain at Medium-Low risk with Foreign Crowdfunding as New Channel, Cross-Border Cash Movements, Precious Stones, Precious Metals & Precious Products at Medium-Low Risk
3rd July 2024 | Hong Kong
Singapore has released the updated national counter-terrorism financing strategy, including risk assessment update – 1) Money remittances remain high risk with cross-border online payments as new channel, 2) Banks at medium-high risk with cross-border fast payments as new channel, 3) Digital payment token service providers at medium-high risk, 4) Non-profit organisations remain at medium-low risk with foreign crowdfunding as new channel, 5) Cross-border cash movements, precious stones, precious metals & precious products at medium-low risk. The update is released by Singapore Ministry of Home Affairs, Ministry of Finance & Monetary Authority of Singapore (1/7/24): Singapore published today its updated Terrorism Financing (TF) National Risk Assessment (NRA) and National Strategy for Countering the Financing of Terrorism (CFT) as part of its continuous efforts to deal with the threat of terrorism. Terrorist actors may exploit Singapore’s economic openness as an international financial, business, and transport hub for TF purposes. There is therefore a need for constant vigilance. Furthermore, as the global terrorism landscape evolves, Singapore’s TF risks will evolve too, hence this refreshed assessment and strategy. Singapore has developed and implemented a systematic and comprehensive whole-of-government approach to identify, monitor, and mitigate TF risks. The security, intelligence (including financial intelligence), law enforcement, supervisory, and regulatory agencies constantly scan for existing and emerging TF risks, informed by TF cases in Singapore, international reports, and feedback from foreign counterparts on observed TF risks with a Singapore nexus. We also actively engage and cooperate with the private sector and academia to enhance our understanding of TF risks. Singapore’s key TF threats emanate from: (i) terrorist groups such as the Islamic State of Iraq and Syria (ISIS), Al-Qaeda and Jemaah Islamiyah, as well as potential spillovers from the ongoing Israel-Hamas conflict and tensions in the Middle East; and (ii) self-radicalised individuals who are sympathetic towards the cause of terrorist groups, in particular ISIS. Far-right extremism is also a growing security concern in many countries. While it has not gained significant traction in Southeast Asia, we cannot rule out that its anti-Islam and anti-immigration rhetoric may resonate with some individuals. The updated 2024 TF NRA articulates the latest TF threats and vulnerable sectors in Singapore. It takes into account key developments since the last TF NRA in 2020, such as the evolving global and regional terrorism landscape, growth of the digital economy and financial services in Asia, and emerging TF risk typologies. Similar to 2020, the 2024 TF NRA has observed that the TF threat of raising and moving funds for terrorists and terrorism activities overseas remains pertinent in Singapore’s context. Self-radicalised individuals continue to pose the most salient TF threat to Singapore. Singapore will continue to partner industry players to implement strategies and measures to tackle TF threats. We will also closely collaborate with foreign counterparts, international organisations, and standard-setting bodies, such as the Financial Action Task Force (FATF). The refreshed 2024 TF NRA is available for download here. The refreshed 2024 National Strategy for CFT is available for download here.
“ Singapore Released Updated National Counter-Terrorism Financing Strategy: Money Remittances Remain High Risk with Cross-Border Online Payments as New Channel, Banks at Medium-High Risk with Cross-Border Fast Payments as New Channel, Digital Payment Token Service Providers at Medium-High Risk, Non-Profit Organisations Remain at Medium-Low risk with Foreign Crowdfunding as New Channel, Cross-Border Cash Movements, Precious Stones, Precious Metals & Precious Products at Medium-Low Risk “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
The key Terrorism Financing (TF) risk areas in 2024 are largely similar to those identified in 2020:
- a. Money remittances remain at High risk, with cross-border online payments identified as a potential new channel for TF activities;
- b. Banks remain at Medium-High risk, with new cross-border fast payment systems identified as a potential new channel for TF activities;
- c. Digital Payment Token service providers have been elevated from Medium-Low to Medium-High risk;
- d. Non-Profit Organisations remain at Medium-Low risk, with foreign online crowdfunding identified as an emerging TF typology of concern;
- e. Cross border cash movements remain at Medium-Low risk; and
- f. Precious Stones, Precious Metals, and Precious Products remain at Medium-Low risk.
The 2024 TF NRA supports the refreshed objectives of our National Strategy for CFT, launched in 2022, namely:
- a. Prevent: proactively deter prospective terrorists, terrorist organisations, and sympathisers from exploiting Singapore’s openness for TF activities;
- b. Detect: promptly detect and trace TF activities through robust monitoring and tracking of red flag indicators, especially in high-risk sectors and emerging TF typologies of concern; and
- c. Disrupt: resolutely enforce against terrorists, terrorist organisations, and sympathisers seeking to raise, move and use funds for terrorism activities, both locally and abroad.
To achieve the above objectives, Singapore will implement the refreshed five-pronged National Strategy for CFT:
- a. Coordinated and Comprehensive Risk Identification;
- b. Strong Legal and Sanctions Frameworks;
- c. Robust Regulatory Regimes;
- d. Decisive Enforcement Actions; and
- e. International Partnerships and Cooperation.
Singapore Released Updated National Counter-Terrorism Financing Strategy: Money Remittances Remain High Risk with Cross-Border Online Payments as New Channel, Banks at Medium-High Risk with Cross-Border Fast Payments as New Channel, Digital Payment Token Service Providers at Medium-High Risk, Non-Profit Organisations Remain at Medium-Low risk with Foreign Crowdfunding as New Channel, Cross-Border Cash Movements, Precious Stones, Precious Metals & Precious Products at Medium-Low Risk
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
