SINGAPORE -- The government of Singapore on Friday said it will tighten defenses against financial crime in the property and legal sectors, as the city-state ramps up scrutiny of potential money laundering.
Finance
Singapore to tighten anti-money laundering rules in property, legal sectors
Real estate brokers, lawyers will have to screen clients acting for third parties
Singaporean authorities announced on Oct. 4 tighter measures aimed at preventing money laundering in the real estate and legal industries. © Reuters
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