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SINGAPORE Singapore adopts legislation to stop weapons funding

The new law cracks down on money-laundering, as well as dealing in precious stones and metals, money lending, pawnbroking, etc., to evade sanctions against funding the proliferation of weapons of mass destruction. The definition of precious products now includes luxury brands as well. Last August, 10 people were arrested in a major money-laundering case.
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Rahayu Mahzam , Financial Action Task Force , Singapore Law Ministry , Organisation For Economic , Economic Co Operation , Senior Parliamentary Secretary , Secretary Rahayu Mahzam , Anti Money Laundering , Weapons Trafficking , Secretary Rahayu Mahzam , Precious Stones , Money Lending , Legal Services ,