Improved Public Confidence And Trust In CPIB

Singapore has long been lauded for its safety and security, low corruptibility, clean government and governance, efficiency, liveability and other factors that make it a coveted place to live, work and play. Globally, it ranks highly in indices and benchmarks, including the inaugural Responsible Nations Index launched in January 2026, Least Corrupt Nation in Southeast […]

Fraud Prevention: Beyond Robust Internal Controls

TAKEAWAYS In early May, the Financial Action Task Force (FATF) published its full evaluation of Singapore’s anti-money laundering and counter-terrorism financing (AML/CFT) regime. Its findings will be scrutinised by banks, regulators and correspondent institutions worldwide. Singapore enters this assessment in the aftermath of its largest money laundering case – a S$3-billion syndicate operation uncovered in […]

The Business Of Networking

TAKEAWAYS Imagine you are alone at a business event during break time. You have just gotten a cup of coffee and found a nice cosy corner to enjoy your beverage. Suddenly, a fellow participant, whom you are not acquainted with, saunters up to you to network. You are caught off-guard. How do you react? At […]

SMEs Feel Strain Of Middle East Conflict

The Singapore Business Federation (SBF) released findings from a new business poll, highlighting that two in three Singapore businesses have been moderately to severely affected by the ongoing Middle East conflict, as rising energy and logistics costs affect operations and demand. While firms are actively managing costs and pivoting strategies, the findings point to a […]

TECHNICAL HIGHLIGHTS

AUDITING AND ASSURANCE ACRA Issues Practice Direction On External Private Capital Arrangements In Accounting Entities This Practice Direction sets out the key considerations and regulatory expectations for accounting entities that are considering, implementing, or operating under external private capital arrangements that may affect their ownership, governance or control structures. ETHICS IESBA And IAASB Complete Analysis […]

AI As Augmentation, Not Replacement

TAKEAWAYS “AI-enabled”. The phrase the National University Health System (NUHS) uses to describe its AI ambition is deliberate. Not “AI-powered”, not “AI-first”, but “AI-enabled”. The distinction matters. “AI augments – it doesn’t replace,” says Wong Soo Min, CA (Singapore), Group Chief Financial Officer of NUHS. “The core of healthcare still lies in human interaction.” In […]

When Criminals Donate (Part 1 of 2)

TAKEAWAYS In August 2023, Singapore authorities conducted the largest anti-money laundering (AML) operation in the country’s history, seizing approximately S$3 billion in assets. What emerged in the weeks following was troubling, but not surprising to those who understand how criminals think. At least five of the accused had donated six-figure sums to Singapore’s most reputable […]

Accountants As Storytellers

TAKEAWAYS Recent geopolitical conflicts and economic developments have driven business communities around the world into a frenzy. Against the backdrop of the war in the Middle East and the imposition of tariffs by the United States, the global economy has been shrouded in a cloud of uncertainty and hit by pessimistic sentiments. Stock markets have […]

Global Economic Outlook Reflects Growth Potential: OECD

The resilience of the global economy is being tested by the evolving conflict in the Middle East, which has generated new inflationary pressures while creating significant uncertainty, according to the OECD’s latest Interim Economic Outlook released on March 26. Global growth was steady heading into 2026, supported by the strength of technology-related production, lower effective […]