In response to a major money-laundering case involving a Chinese criminal gaming diaspora in August 2023, Singapore has initiated a comprehensive national strategy involving multiple agencies to combat money laundering effectively. The MAS has emphasized the importance of upholding a robust AML framework and monitoring ML risks continuously. The country has tightened regulations on family offices, following the arrest of 10 China-born suspects and the seizure of assets worth over US$2.8 billion, with a focus on preventing misuse of corporate structures and enhancing collaboration among financial institutions and authorities to flag suspicious transactions.
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Do the Taliban Have a Foreign Policy?
The Taliban's foreign policy is increasingly defined by principles of neutrality, non-interference, and sovereignty, aiming for political recognition and economic pragmatism. This approach marks a gradual transition towards trilateral and multilateral engagement with other nations, reflecting a strategic shift in their international relations. Want More Context? 🔎
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