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Singapore ramps up AML efforts while Hong Kong enhances ETFs

Singapore is increasing its scrutiny of the private wealth sector, including ramping up its anti-money laundering (AML) efforts. Meanwhile, Hong Kong’s regulators have turned their attention to enhancing ETFs, an asset class that has a market capitalisation significantly below that of other jurisdictions. In this edition of Regulation Focus, Asian Private Banker spoke to wealth industry experts from various backgrounds…

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