Course

[08 Jul 25] Practitioner guide to Anti-Money Laundering for real estate developers

OVERVIEW    

In the fast-evolving real estate landscape, compliance with the Controller of Housing (COH) guidelines is not just a necessity—it’s a strategic advantage. Our comprehensive course empowers real estate developers with the knowledge and tools needed to navigate complex regulations effortlessly. By leveraging cutting-edge Data Omnichannel Technology Solution (DOTS) alongside robust deep dive analytics, you will gain insights that ensure your business remains compliant and competitive in a challenging market.

TOPICS COVERED

•  Deep dive into CDSA (Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act: Compliance and PDPA (Personal Data Protection Act) Compliance and Data Protection Strategies.
• Risk Management: Implement a Transactional Risk Approach for AML compliance and comprehensive risk assessment.
• Tailored AML Solutions: Explore sector-specific approaches to adapt to industry variations.
•  Master face-to-face verification techniques for real estate agencies and sales professionals.
• Data Analysis for Opportunity Identification: Learn to analyze data effectively to unlock Insights and identify growth opportunities

LEARNING OUTCOMES

• Navigating COH guidelines and master AML Compliance essentials specifically for real estate developers in Singapore.
• Develop strategies for understanding and preventing money laundering and terrorism Financing.
• Gain proficiency in COH-required forms and advanced due diligence processes to better assess potential clients.
• Gain expertise in evaluating risks associated with foreign buyers and politically exposed persons (PEPs).
• Utilize technology to simplify and enhance your AML compliance processes.
• Learn to confidently prepare AML Advisory Reports and Suspicious Transaction Reports (STRs).

TARGET AUDIENCES

• On-site Sales/Marketing Teams
• Compliance Managers/Supervisors
• On-going Compliance Teams
• Management Professionals in the real estate development industry

CPD POINTS

2 PDUs (PEB)

KNOWLEDGE PARTNERS

Mr William Lai, CEO, Amicus

Mr William Lai graduated from the University of Singapore Law Faculty in 1975. He worked as a solicitor in M/S Lee & Lee and M/S Drew & Napier before setting up his own practice, Wlaw LLC. Whilst in National Service, Mr William served as Senior Investigation Officer with the Special Investigation Branch (Provost Unit). During reservist, he received the “Most Outstanding National Servicemen” Award in 1995 and attained the rank of Captain. In 2021, he received an award from Minister Desmond Lee -Minister for National Development (MND) for his contribution to the “Digitalisation of Property Transaction Procession.” Mr William was also the Operational Advisor (together with Professor Summit Agrawal) to the Myanmar Financial Intelligence Unit (Anti Money Laundering Unit).

 Mr Alvin Wong, Senior Associate Lawyer, Wlaw LLC

Alvin is currently a lawyer with WLaw LLC.  His career spans across both the public and private sectors. Prior to becoming a legal practitioner, he was a law enforcer, having served the Singapore Police Force (SPF) as a regular senior police officer for 15 years.  Before joining the SPF, he was a Private Banker for about 10 years and has accumulated experience in the area of high-net-worth family wealth management and trust advisory.

Mr Lee Chin Ping, Consultant, Wlaw LLC

Mr Lee graduated from the NUS in 1995 with a 2^nd Class Upper Honours Bachelor’s degree in law and in 1999 with a Master’s degree in Law. He was called to the Singapore Bar in 2000 and admitted as a Solicitor of England & Wales in 2004. Mr Lee has been in practice as a conveyancing lawyer since 2000. His extensive experience in conveyancing matters includes acting for purchasers or sellers (individuals and corporate entities) in the sale and purchase of real estate (HDB and private properties), acting for developers in the sale of real estate development projects, and acting for banks and financial institutions in the mortgage or refinancing of real estate.

Terms & Conditions

Request for withdrawal must be made in writing. We encourage particpants to nominate a replacement for the session. Refund requests are subject to approval on the following conditions: 

• Requests sent in at least 2 weeks before commencement: 50% of course fee refunded.
• Requests sent in less than 2 weeks before commencement: No refund, full course fee payable.

Ticket Information