Amendments to Trustees Act submitted for first reading in Parliament
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE Ministry of Law (MinLaw) said on Tuesday it has submitted the Trustees (Amendment) Bill 2017 for first reading in Parliament. The proposed amendments are aimed at countering money-laundering, terrorism financing and tax evasion.
MinLaw said that they underline Singapore's commitment as a responsible member of the international community to international standards and global efforts in these areas.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
