Singapore casinos soon need to perform checks for cash deposits above S$4,000
Casinos will soon have to carry out tighter checks when receiving cash deposits from their customers. This is part of updated measures following a report by the Home Affairs and Finance ministries and central bank, to counter terrorism financing. The report also highlights potential spillovers from the ongoing Israel-Hamas conflict and self-radicalised individuals who can tap on various channels to finance terror acts. Sabrina Ng reports.
Casinos will soon have to carry out tighter checks when receiving cash deposits from their customers. This is part of updated measures following a report by the Home Affairs and Finance ministries and central bank, to counter terrorism financing. The report also highlights potential spillovers from the ongoing Israel-Hamas conflict and self-radicalised individuals who can tap on various channels to finance terror acts. Sabrina Ng reports.