News Formal

Residents are targets for dirty money fronts in business friendly Singapore

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Residents are targets for dirty money fronts in business friendly Singapore - Valerie Tay from MAS_sg tells BT: 'shellcompanies are a structure that can be vulnerable to criminal abuse.' moneylaundering

"While they may have legitimate purposes, shell companies are a structure that can be vulnerable to criminal abuse," says Ms Tay from MAS .

THERE are thousands of corporate services firms in Singapore that offer Singapore residents as directors of Singapore-incorporated companies for as little as S$250 a month.To continue reading

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker