Money Laundering Risk in Singapore: As an international financial centre, criminals will take advantage of Singapore’s economic openness to launder illicit funds in its ecosystem.
Objectives of Asset Recovery in Singapore:
1. 
Depriving criminals of their illegal gains
2. 
Reduce criminal harms caused to society
3. 
Provide recourse to victims of crime
Singapore National Asset Recovery Strategy:
1. 
Detection: Detect suspicious and criminal activity
2. 
Deprivation: Depriving criminals of their illegal gains
3. Deter: Prevent criminals from using Singapore to hide, transfer, or enjoy their illicit assets
4. 
Delivery: Deliver maximum recovery of assets for forfeiture and compensation
