Singapore's latest report identifies the banking sector, including wealth management, as the highest risk for money laundering. Due to the volume of transactions and exposure to high-risk clients, banks are particularly vulnerable. This assessment follows a major money laundering case involving foreign nationals and will guide ongoing efforts to strengthen Singapore's anti-money laundering measures. The report also highlights threats from fraud, organized crime, and new risk areas like digital payment services and precious metal dealers【5†source】.

#BNBHODLer #Megadrop #BinanceTournament #CertiKvsKraken #AirdropGuide