What-you-need-to-know-about-Anti-Money-Laundering-Regulations-and-how-it-affects-your-business-800×600-1 (1)

What you need to know about Anti-Money Laundering Regulations and how it affects your business

Changes were made to the Companies Act on 31st March 2017 and the key changes were with regards to making company ownership more transparent so as to limit the use of Singapore companies for illegal uses such as money laundering and financing of terrorism. There were also changes to the Accountants Act but for this article, we will be focusing on primarily the Companies Act.

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