Legal sanctions issued in Singapore laundering case

Legal sanctions issued in Singapore laundering case

Singapore’s legal regulator has imposed penalties on several law firms connected to real estate deals linked to the city-state’s largest-ever money laundering case from 2023. According to the Director of Legal Services (DLS), supported by the Ministry of Law, two firms have been fined S$30,000 (€20,130) and S$100,000 respectively for violating anti-money laundering (AML) regulations…
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