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Singapore Bullion Market Association

From Awareness to Action: Strengthening PSMD Sector’s Defences Against Scams and Financial Crime

October 19, 2026 From Awareness to Action: Strengthening PSMD Sector’s Defences Against Scams and Financial Crime Protecting Your Business Starts with Staying Alert to Scams As scams evolve, risks for precious stones and precious metals dealers (“PSMDs”) extend beyond financial loss. Businesses unknowingly involved in suspicious transactions may face operational disruption and reputational damage. As…