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Singapore Fights Image As Swiss Banker of Asia

In a place that restricts everything from chewing gum to pungent durian fruit. Singaporean authorities pride themselves in having a high bar for strict laws and a low crime rate to match. So they’ve been none too pleased by reports that tax dodgers, corrupt officials, and money launderers might be closing their Swiss bank accounts and moving funds to Singapore. In response, the government is ramping up measures to battle this reputation as a tax haven. It is now negotiating a...

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