By AML Intelligence Correspondents SINGAPORE is seeking to make it easier for law enforcement to prosecute money laundering offences in the city-state, the home affairs ministry said. The move comes as the ministry noted how currently some cases are not pursued unless it is possible to show the complete money trail of suspected funds from…
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NEWS: Singapore’s new law to make it far easier to prosecute money laundering offences
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SINGAPORE: The new Anti-Money Laundering and Other Matters Bill introduced to parliament on Tuesday will remove the need for the prosecution to show a direct link between the criminal conduct and the laundered funds, the home affairs ministry said today.