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MAS proposes amending laws to fight 'dirty money'

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Published Fri, Jun 6, 2014 · 10:00 PM

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Singapore

THE Monetary Authority of Singapore (MAS) intends to increase cooperation with other financial supervisors to fight money laundering and terrorism financing (ML/TF).

It is proposing changes to the MAS Act and the Trust Companies Act (TCA) for more effective international cooperation in countering ML/TF.

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