Not Reporting Suspicious Transactions? You Could Be Facing Higher Fines

Not Reporting Suspicious Transactions? You Could Be Facing Higher Fines

If Not Reporting Suspicious Transactions, You Could Be Facing Higher Fines Failure to report suspicious transactions and terrorism financing will be dealt with harsher penalties, as laws are being updated and enforcement increased in Singapore in a bid to fight against these crimes. Changes to the legislation were passed in Parliament and will affect the…

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Workers Enjoy Greater Protection, Thanks to Employment Act Changes

Workers Enjoy Greater Protection, Thanks to Employment Act Changes

Singapore Workers Enjoy Greater Protection, Thanks to Employment Act Changes Singapore’s labor workforce will enjoy greater protection, thanks to the latest changes and major transformation to the Employment Act. The changes will now entitle Singapore’s labor force to new rights, which include mandatory annual leave of seven to 14 days, paid sick leave and protection…

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