All provisions · AML/CFT Act (Cap. 251) · Part Vi: Preventive measures
30 Result of national risk assessment
The national risk assessment of the country under section 7(1)(j) shall be carried out in such time and interval as may be prescribed and shall disseminate the results of risk assessment to all the stakeholders.
(2) On the basis of the results of the national risk assessment under subsection (1), the Committee may consider allocation of resources through the Minister for prevention and mitigation of the money laundering and terrorist financing risks.
(2) On the basis of the results of the national risk assessment under subsection (1), the Committee may consider allocation of resources through the Minister for prevention and mitigation of the money laundering and terrorist financing risks.
Official source: Anti-Money Laundering and Countering the Financing of Terrorism Act (Cap. 251), Act 5 of 2020, Revised Edition as at 17 January 2025 (Acts 5 of 2020, 7 of 2021, 8 of 2021, 62 of 2021, 9 of 2022, 12 of 2024, S.I. 145 of 2020)
