BAS Regulatory Roundtable - FATF Public Consultation on Recommendation 16 (Payment Transparency)
BAS Regulatory Roundtable – FATF Public Consultation on Recommendation 16 (Payment Transparency)
Closed-Door Industry Consultation
The Blockchain Association Singapore (BAS) is convening a closed-door industry roundtable to gather practical industry feedback on the FATF Public Consultation on the Draft Guidance for Recommendation 16 (Payment Transparency).
Following the June 2025 amendments to FATF Recommendation 16, the draft Guidance provides practical implementation guidance to help financial institutions and payment service providers comply with evolving payment transparency requirements across traditional finance, digital payments, and virtual assets.
📅 Event Details
🗓️ Date: Thursday, 20 August 2026
🕓 Time: 4:00 PM – 6:00 PM (SGT)
📍 Venue: Singapore
Closed-door industry roundtable (by invitation and approval only)
This session will bring together senior practitioners from across the payments, banking, fintech, digital asset, and compliance ecosystem to exchange perspectives and contribute to a consolidated BAS industry response to the FATF.
Discussion Topics
Scope and implementation of the revised Recommendation 16
Payment transparency requirements and payment chain responsibilities
Cross-border payments and originator/beneficiary information requirements
Digital wallets, mobile money, and virtual asset payment considerations
Data protection, privacy, and AML/CFT obligations
Alignment checks, transaction monitoring, and operational implementation challenges
Emerging payment models, tokenisation, and evolving industry practices
About Blockchain Association of Singapore
The Blockchain Association Singapore (BAS) seeks to empower its members and the community to leverage blockchain and scalable technologies for business growth and transformation. The Association is designed to be an effective platform for members to engage with multiple stakeholders – both regional and international – to discover solutions and promote best practices in a collaborative, open, and transparent manner. It aims to promote blockchain literacy and build a strong talent pipeline for the digital economy in Singapore.