Singapore Government Announces New Committee to Tackle Money Laundering Ministerial Statement by Ind
Channel: 🎤 Today News
Date: 2023-10-04

"Singapore news on October 4, 2023
🆈🅾🆄🆃🆄🅱🅴: 
- Singapore Government Announces New Committee to Tackle Money Laundering: Ministerial Statement by Indranee Rajah

1. The Singapore government has announced a new committee to strengthen measures against money laundering and terrorism financing.
2. The new committee will be chaired by the Minister for Education and Second Minister for Finance, Lawrence Wong.
3. The committee will focus on enhancing Singapore's regulatory framework and enforcement actions to combat money laundering and terrorist financing.
4. The government will also introduce legislative amendments to enhance the country's anti-money laundering and counter-terrorism financing regime.
5. The Monetary Authority of Singapore will be given more powers to supervise and regulate virtual asset service providers.
6. The government will continue to work closely with international partners to combat money laundering and terrorism financing.
7. The new committee will also review Singapore's approach to beneficial ownership information and explore the possibility of centralizing such information.
8. The government is committed to maintaining Singapore's reputation as a clean and trusted financial hub.
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 🎬🌍🌎🌏  #SingaporenewsonOctober4  #2023  #TodayNews  #Today  #News  #news  #dailynews  #singapore  #singaporenews  #"

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