Singapore to go on the offensive against money laundering
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Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.U s anti money laundering laws

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.

Local authorities and government bodies are going on the offensive against money laundering and terrorism financing with a new partnership.

The anti-money laundering and countering the financing of terrorism industry partnership (ACIP) brings together several parties to fight such increasingly dangerous forces around the world.

The monetary authority of singapore (MAS) and the commercial affairs department (CAD) said in a joint statement yesterday that the partnership will fight not just money laundering and terrorism financing but also work on enhancing the ability to combat crimes arising from singapore’s position as an international financial centre and trade hub.U s anti money laundering laws

Mr ong chong tee, deputy managing director of financial supervision at MAS, noted that estimates place the amount of money laundered around the world each year to be more than US$1 trillion (S$1.4 trillion) but in truth, no one really knows.

Such threats undermine the confidence and stability of financial systems and come with high social and political costs, he added, which is why the MAS and CAD are stepping up their efforts.