Like other wealth management centres around the world, Singapore is forcing banks to tighten checks on clients as governments crack down on tax evasion and money laundering. Photo: Reuters

Singapore faces shortage of compliance experts in fight against dirty money

Demand for experienced compliance experts soars in city state as banks go on hiring spree amid the government crackdown on tax evasion

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Like other wealth management centres around the world, Singapore is forcing banks to tighten checks on clients as governments crack down on tax evasion and money laundering. Photo: Reuters
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