Singapore legislation
Clause 28
of Prevention of Proliferation Financing and Other Matters Bill
Clause 28
Amendment of section 93
In the Moneylenders Act 2008, in section 93(2), replace paragraph (l) with —“(l)to provide for —
(i)
the detection and prevention of money laundering;
(ii)
the detection and prevention of terrorism financing; or
(iii)
the detection and prevention of the financing of proliferation of weapons of mass destruction;
(la)to provide for the reporting of transactions suspected of involving money laundering, terrorism financing or the financing of proliferation of weapons of mass destruction;”.