Singapore unveils new anti-money laundering measures, including inter-agency data-sharing

New measures unveiled to address money laundering in Singapore will see more inter-agency data sharing, as well as inactive companies struck off and businesses roped in to 'red-flag' suspicious activities. These measures will be rolled out progressively over the next year. Meanwhile, people who work with high-value items, such as luxury cars and expensive art, will also undergo specialised training to recognise the telltale signs of suspicious transactions. And, in a few years, Singapore government agencies will have access to all reports of suspicious transactions on an online platform called NAVIGATE. Nasyrah Rohim and Nadirah Zaidi report.