Financial Crime World

Singapore’s Commercial Affairs Department: Safeguarding the City-State’s Financial Integrity against White-Collar Crime

The Commercial Affairs Department (CAD) of the Singapore Police Force (SPF) is a critical component in Singapore’s initiatives to maintain its status as a world-class financial and commercial hub. CAD serves as the leading agency for investigating and preventing financial and commercial crimes, ensuring the upholding of integrity and trust within the business sector.

Mission & Vision

The mission of CAD is clear: to prevent, deter, and detect financial crime. This vision is aligned with the broader goal of making Singapore the safest and most trusted place for business and finance.

Organisational Structure

CAD’s organisational structure is designed to effectively tackle a range of financial crimes. The department’s organisational chart outlines three main groups:

  1. Enforcement Group
  2. Financial Investigation Group
  3. Intelligence & Admin Group

Enforcement Group

The Enforcement Group consists of several divisions, including:

  • Investment Fraud Division
  • Securities Fraud Division
  • Private Institutional Fraud Division

These divisions focus on uncovering fraudulent activities, such as insider trading, pyramid selling schemes, and capital market misconduct, to safeguard the integrity of the financial sector.

Financial Investigation Group

The Financial Investigation Group comprises Financial Investigation Divisions I, II, and III. FIDs I, II, and III investigate various financial crimes, including:

  • Money laundering
  • Terrorism financing
  • Complex frauds
  • Specialised frauds (e.g., insurance fraud and maritime fraud)

Additionally, the Anti-Scam Command tackles intricate scam cases and develops relationships with key stakeholders (such as financial institutions) to swiftly disrupt and prevent scam operations.

Intelligence & Admin Group

The Intelligence & Admin Group oversees administrative functions, ensuring:

  • Corporate planning and finance management
  • Providing valuable intelligence support to the enforcement arms of CAD

Suspicious Transaction Reporting Office

The Suspicious Transaction Reporting Office acts as Singapore’s Financial Intelligence Unit, analyzing financial transactions and disseminating financial intelligence to combat money laundering and terrorism financing.

Careers with CAD

Those interested in a career with CAD should contact SPF_CAD_Recruitment@spf.gov.sg for more information.

As the backbone of Singapore’s financial crime investigations, CAD remains dedicated to preserving the city-state’s financial integrity, combating financial crime, and fostering trust within the business community.