Strengthening Singapore's anti-money laundering regime and fighting against sophisticated crimes
Added Oct 4, 2023
7 min 52 sec

Summary
This podcast covers Singapore's efforts to enhance its anti-money laundering regime, sparked by a major $2.8 billion case. Experts discuss new measures, including the formation of a committee to fight financial crimes.
This podcast discusses Singapore's largest anti-money laundering case, involving over $2.8 billion in assets, with the potential for that figure to grow as investigations continue. Second Minister for Home Affairs Josephine Teo emphasizes the global scale of the operation. A new inter-ministerial committee will be established to strengthen Singapore’s anti-money laundering framework. Professor Sumit Agarwal from NUS Business School explains how this initiative could help mitigate sophisticated financial crimes.
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