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Tuesday, March 10, 2009
Singapore vows to relax tough bank secrecy laws
Singapore's finance ministry said it would amend its bank secrecy laws in mid-2009 to take account of the OECD's standards on exchange of information. "Once the legislative amendments are passed in parliament, Singapore is prepared to negotiate and conclude double taxation agreements that will enable us to provide further assistance for exchange of information." Read more...posted by Charles Monat Associates at 11:48 AM
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