Skip to main content

Government officials will never ask you to transfer money or disclose bank log-in details over a phone call.

Ministry of Digital Development and Information
  1. Home
  2. Newsroom
  3. Second Reading of the CDSA and CMA Bills (Opening Speech by Minister Josephine Teo)
Parliament

Second Reading of the CDSA and CMA Bills (Opening Speech by Minister Josephine Teo)

8 May 2023

Opening Speech at the Second Reading of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits)(Amendment) Bill and Computer Misuse (Amendment) Bill

Introduction

Scam problem in Singapore

Impact of scams

Anti-scam approach

Role of money mules

Trend of scammers abusing Singpass

Rationale for the Bills

Provisions of the CDSA Bill

Rash and negligent money laundering

Example of rash money laundering

Example of negligent money laundering

Penalties

Defence

Penalties

Provisions of the CMA Bill

Disclosing a user’s own Singpass credentials knowing or having reason to believe that the purpose is to facilitate an offence

Obtaining or dealing in Singpass credentials to facilitate criminal activities

Extra-territoriality

Summary

Back to top