SINGAPORE (Bernama): Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published on Monday (July 1).
The National Risk Assessment (NRA) 2024 report jointly issued by the republic’s Home Affairs Ministry (MHA), Finance Ministry (MOF), and Monetary Authority of Singapore (MAS) said banks remained at medium-high risk for such activities since the last report issued in 2020.
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