On prevention and detection of anti-money laundering activities

Parliamentary Questions filed by Mr Derrick Goh on 3 October 2023 Mr Derrick Goh: To ask the Minister for Home Affairs (a) how Singapore compares to other global financial centres in terms of preventing and detecting anti-money laundering activities; and (b) whether the roll-out of the Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information and Cases (COSMIC) digital platform will be accelerated and also extended to other industries to detect such illicit transactions across local industries beyond financial institutions.....

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Louis Ng on Income Tax (Amendment) Bill

Sir, this Bill gives effect to the measures announced during this year’s Budget Statement. The amendments will encourage businesses to engage in research and development, and develop their capabilities through the Enterprise Innovation Scheme. Through tax incentives, they will also encourage family offices in Singapore to base their philanthropic operations in Singapore. The amendments also change the WMCR from a percentage of earned income to a fixed dollar tax relief. I have two points of clarification to raise. ....

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Derrick Goh on Immigration (Amendment) Bill

Sir, a defining characteristic of Singapore’s success has been its progressive attitude towards leveraging new ideas. I note this Bill introduces new provisions to support the use of new technologies and innovation to tackle an evolving security landscape. It takes into account learnings from the recent pandemic, factored use of digital technologies to improve both effectiveness and efficiency of border operations. Singapore was early in reopening our boarders in 2022. Given the rebound of travel, it is timely for this Bill to be put before this House.  ....

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On PSLE

Parliamentary Questions filed by Ms Carrie Tan on 18  September 2023 Ms Carrie Tan: To ask the Minister for Education (a) what is the rationale for requiring homeschooled children to meet the 33rd percentile benchmark for taking PSLE; (b) what is the rationale for requiring children to take PSLE at Primary 6 when they are typically at the age of 12 as they may have different learning paces; and (c) whether the Ministry will consider reviewing the PSLE policy to provide some latitude in timeline and autonomy for children to learn at their respective paces in their formative years.....

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