Anson previously served as Chief Security Officer and Head of Compliance at a MAS-licensed crypto firm in Singapore, where he owned the full compliance function rather than one corner of it. He founded Azentiq Nexus Consulting to help Singapore's regulated dealers build compliance frameworks their own teams run and own.
Under the PSPM Act, the S$20,000 customer due diligence threshold depends on how a customer pays. The sanctions screening duty has no threshold at all.
What Singapore's registered precious stones and metals dealers must actually do under the PSPM Act: registration, checks, and the semi-annual return.