Singapore legislation
Regulation 6
Regulation 6
Prohibition against provision of funds, financial assets and economic resources to or for benefit of designated 2140 List person
Amended byS 548/2019 wef 07/08/2019S 548/2019 wef 07/08/2019S 548/2019 wef 07/08/2019S 548/2019 wef 07/08/2019
No person in Singapore, and no citizen of Singapore outside Singapore, is to make available any funds or other financial assets or economic resources, directly or indirectly, to or for the benefit of —
(a)
a designated 2140 List person;
(b)
any entity which or individual who acts on behalf of or under the direction of a designated 2140 List person; or
(c)
any entity owned or controlled by a designated 2140 List person.