The Bills mark significant strides to solidify Singapore's regulatory landscape, aiming to enhance transparency, combat illicit financial activities and maintain Singapore's reputation as a trusted global financial hub, said NMP Neil Parekh Nimil Rajnikant.
The Bills mark significant strides to solidify Singapore's regulatory landscape, aiming to enhance transparency, combat illicit financial activities and maintain Singapore's reputation as a trusted global financial hub, said NMP Neil Parekh Nimil Rajnikant. Speaking in Parliament on Tuesday , he pointed out that the proposed changes could also bring about challenges to businesses and owners. Firstly, they introduce increased administrative burden for businesses to comply with.
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