Money laundering busts: Regulators have to constantly play catch up

Since news broke on the billion-dollar money laundering case in Singapore, there have been questions on how bad actors operate. How do property agents and bank staff separate a legitimate transaction from a shady one? And what makes this type of crime especially tough to crack down on? Steven Chia speaks to Adam Maniam, director of dispute resolution at law firm Drew and Napier, Associate Professor Soh Kee Hean from the Singapore University of Social Sciences and former director of the CPIB, and Fabrizio Fioroni, adviser on anti-money laundering/counter financing of terrorism at the United Nations Office on Drugs and Crime.See omnystudio.com/listener for privacy information.