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Amendments to Trustees Act submitted for first reading in Parliament

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Published Tue, Feb 28, 2017 · 09:50 PM

    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.

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