PM Lawrence Wong admits Singapore's heightened vulnerability to financial crimes and commits to addressing risks at FATF meeting.
Prime Minister Lawrence Wong acknowledges Singapore's heightened vulnerability to financial crimes like money laundering and terrorism financing due to its global finance and business hub status. He expressed this during a meeting with the Financial Action Task Force (FATF). The Singapore government is committed to addressing these risks and maintaining the country's trusted financial reputation.
June 26, 2024
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