Day: January 18, 2023

With the aim of mitigating the use of corporate vehicles for illicit purposes, Singapore has implemented enhancements to the transparency of Singapore’s corporate governance regime, which came into effect on 4 October 2022. These enhancements are in alignment with recommendations made by the Financial Action Task Force, and affirm Singapore’s pledge to combating money laundering, terrorism financing and other threats to the integrity of financial ecosystems at large.…