Singapore legislation

Clause 7

of Financial Services and Markets (Amendment) Bill

Clause 7

Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992

In the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, in section 5(1)(a) —

(a)

in sub‑paragraph (vi), delete “and” at the end; and

(b)

after sub‑paragraph (vii), insert —“(viii)any information accessed by a Suspicious Transaction Reporting Officer under section 28L(4) of the Financial Services and Markets Act 2022; and”.