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Proceeds of tax evasion to be criminalized – MAS Consultation

|Proposed Changes|Singapore
Singapore

The Monetary Authority of Singapore (MAS) issued a consultation paper on the designation of tax crimes as money laundering predicate offences in Singapore. The consultation period begun on 9 October 2012 and closes on 9 December 2012.

Under this initiative, a broad range of serious tax crimes will be designated as money laundering predicate offences from 1 July 201…

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