DATE
Friday, 27 February 2026
TIME
2:30pm to 5:15pm (SGT)
Registration starts at 2.15pm
VENUE
Online (via Zoom)
Meeting link to be shared closer to event date
WORKSHOP FEES
Standard:
SGD$125
PF Affiliates:
$95
Identify, assess and manage AML risks confidently and defensibly
About This Workshop:
Enforcement actions arising from Singapore’s recent high-profile money-laundering cases have underscored the heightened regulatory and professional risks faced by law firms. Fines, disciplinary consequences, and reputational damage are now present and material.
This session examines how and why lawyers are targeted in money-laundering schemes, the practical application of Singapore’s AML, CFT and CPF requirements, and the risk-based safeguards law firms must implement and sustain. Participants will move beyond abstract compliance rules to understand how red flags arise in real matters, how client due diligence must be calibrated, and how reporting and record-keeping obligations operate in
practice.
Through structured guidance and a facilitated group discussion based on a complex conveyancing scenario, this programme equips lawyers with the tools identify, assess, and manage AML risks confidently and defensibly.
What You’ll Learn:
- Understand how lawyers and law firms are exposed during the placement, layering, and integration stages of money laundering
- Apply a risk-based approach to firm-wide, client-specific, and matter-specific AML assessments
- Distinguish between CDD, EDD, and ongoing monitoring obligations and when each is required
- Identify common client, country, source-of-funds, and unusual retainer red flags
- Understand practical obligations relating to STR reporting, no-tipping-o rules, and record retention
- Assess whether to accept, continue, or terminate a retainer in high-risk scenarios
Who Should Attend:
- Lawyers in private practice (litigation, conveyancing, corporate, family, and trusts)
- Partners, directors, and compliance leads
- Money Laundering Reporting Off icers (MLROs)
- Practice managers and operations professionals
supporting legal practices
Meet Your Speaker:
Lim Seng Siew has over 30 years practice experience in litigation and commercial transactions, concentrating mainly on data protection, cybersecurity and technology related matters. In addition to practice experience, the years when he was CEO of a technology start-up (2000-2003) and Senior Director of the Technology Cluster, Singapore Academy of Law (2008-2011) has also gained him practical experience managing technology projects as well as the daily operations of such entities.
His combined experience translates to practical advice to clients who intend to start a new or run a technology business, manage their technology partners and/or develop technology projects. His litigation experience means that he had the ability to spot potential problem areas and suggest possible solutions.
In addition, Seng Siew is the vice-chair of the Ethics Advisory Committee and has been a facilitator of the Ethics course for Part B of the Singapore Bar Exams for a number of years.
This session examines how criminals exploit legal services, the application of Singapore’s AML, CFT and CPF obligations, and the practical safeguards law firms must adopt. Through real-world examples and a guided scenario discussion, participants will learn to identify red flags, apply risk-based due diligence, and make defensible compliance decisions.
