Even as the PIC scheme begins to wind down, IRAS is still ever on the lookout for abuses. Don't take the risk and be careful of false promises made by vendors.
Thank goodness good (French) sense prevailed and Emmanuel Macron won the election. So for now, it seems the populist wave is not sweeping across the world after all, despite the results of Brexit and Trump.
Here's hoping good sense will continue to prevail. In the meantime, Vive Le France!
A good summary of the changes implemented to enhance Singapore's effectiveness in anti-money laundering and in countering financing of terrorism (AML/CFT).