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The latest measure highlights the government’s determination to clean up the dirty money problem, which has caused Singapore’s reputation to take a hit.
PHOTO: SINGAPORE POLICE FORCE
Kelvin Law
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Singapore strengthened its anti-money laundering laws in July
The latest measure highlights the Government’s determination to clean up the dirty money problem, which has caused Singapore’s reputation as a clean financial centre to take a hit. The focus on CSPs is noteworthy, as it tackles the overlooked part of our financial system – the humans.
