Lawrence Wong attends Financial Action Task Force ministerial meeting in US

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SINGAPORE - Finance Minister Lawrence Wong attended the ministerial meeting of Financial Action Task Force , a global money laundering and terrorist financing watchdog, in Washington, on Thursday .

Mr Wong, who is in the United States from April 16 to Monday , said in a Facebook post on Saturday that he also caught up with other leaders like Dr Marcus Pleyer, current FATF president, Canada Deputy Prime Minister and Minister of Finance Chrystia Freeland and Britain's Chancellor of the Exchequer Rishi Sunak.

Mr Raja, 60, will assume the post of FATF president on July 1 for a fixed two-year term. Singapore has been a member of the task force since 1992, and this will be the first time the country is taking on the presidency. He has also served as co-chairman of the National Interagency Committee on Anti-Money Laundering and Countering Financing of Terrorism since January 2015, and has driven Singapore's efforts to meet FATF standards.Mr Wong wrote:"Together with the members of FATF, Singapore will continue to play our part in the global fight against money laundering and terrorist financing."

 

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