Singapore plans to introduce a law granting police temporary banking restriction power for non-cooperative scam victims.

Singapore plans to introduce a new law within months, granting police the power to temporarily restrict banking transactions of scam victims who refuse to cooperate with authorities. The proposed Protection from Scams Bill aims to prevent financial losses resulting from scams, particularly in cases where victims willingly transfer money to scammers despite warnings. The police would issue a Restriction Order to banks as a last resort. The bill covers digital and telecommunication scams only, with orders initially issued for a 28-day period and can be challenged through an appeal to the Home Affairs Minister.