Blogs

Blogs
Blogs Home » Cruise » Singapore unveils strategy to counter terrorism financing
gee mong
gee mong
Singapore unveils strategy to counter terrorism financing
  • Tags - #news
    • Last updated October 7, 2022
      • 0 comments, 314 views, 0 likes

More from gee mong

  • Germany fears Russia gas cut may become permanent
    Germany fears Russ...
    0 comments, 0 likes
  • What exercises should women in their 20s, 30s, 40s and 50s do to build strength, flexibility and fitness?
    What exercises sho...
    0 comments, 0 likes
  • Wales roasts in record breaking heat
    Wales roasts in re...
    0 comments, 0 likes

More in Politics

  • Download Ringtones For Mobile Devices
    Download Ringtones...
    Entertainment
    0 comments, 7,325 views
  • Cenforce 100mg, Review, Pyapal
    Cenforce 100mg, Re...
    Business
    0 comments, 7,317 views
  • WoW Dragonflight Gold Making Guide - 4 Easy Ways to Make Raw Gold in WOW Dragonflight
    WoW Dragonflight G...
    Entertainment
    0 comments, 5,061 views

Related Blogs

  • Nike Air Max 270 React ENG Black Bright Orange for Onlin Sale
    Nike Air Max 270 R...
    0 comments, 0 likes
  • Creaking chains a reminder of slavery in New York art exhibit
    Creaking chains a ...
    0 comments, 0 likes
  • Eight treasure makeup ...
    Eight treasure mak...
    0 comments, 0 likes

Archives

Social Share

Singapore unveils strategy to counter terrorism financing

Posted By gee mong     October 7, 2022    

Body

Singapore unveils strategy to counter terrorism financing



The Goverment unveiled a strategy against terrorism financing on Friday (Oct 7).

โปรโมชั่น slotxo For those of you who are new to it, I believe that many of you may not yet understand the big picture of slot gaming, how to play it in order to be able to make a satisfactory profit.

Called The National Strategy for Countering the Financing of Terrorism (CFT), the strategy comprises actions to prevent, detect, investigate and enforce aspects of terrorism financing, a joint press release by the Ministry of Home Affairs, Ministry of Finance, Monetary Authority of Singapore stated.

The authorities stated that the strategy was formulated based on findings from an assessment of terrorism financing risk conducted in 2020.

"Singapore’s key terrorism financing threats are posed by regional and international terrorist groups as well as radicalised individuals, as they raise, move and use financial resources for terrorism purposes," the press release stated.

Singapore has seen several terrorism financing cases in recent years, including a Bangladeshi national working as a construction worker in Singapore who donated to fund-raising campaigns to support a terrorist group.

Others include a Singaporean businessman who gave another man money to facilitate the latter's journey to Syria to join a terrorist group.

In announcing the new strategy, the authorities highlighted that payment service providers and banks carrying out cross-border money transfers were more vulnerable to terrorism financing threats, given the "relative ease and speed with which their services may be used".

In February, company SGCN Link had its registration cancelled by the Accounting and Corporate Regulatory Authority (ACRA) after it failed to take enhanced measures to mitigate money laundering and terrorism financing risks when incorporating companies.

Comments

0 comments