Posted 14d ago inPrecious Stones and Precious Metals Dealers Regulatory Regime - CTR Filing / CDD matters

I am a watch dealer and do not sell precious stones/metals directly. Must I comply with the cash transaction reporting requirement?

mlaw

Source: https://www.mlaw.gov.sgLast updated 14d ago

You are required to comply with the cash transaction reporting requirement if you sell any finished product that derives 50% or more of its value from any precious stone or precious metal contained in or attached to that product.

This information provided here is sourced from the MLAW website.

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I am a watch dealer and do not sell precious stones/metals directly. Must I comply with the cash transaction reporting requirement?

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