The law, which passed in January, allows authorities to halt bank transactions if there is compelling evidence an account holder is about to transfer money to a scammer, even if willingly. Previously, police were powerless to stop potential scam victims from transferring money, even if it was clear they were being cheated. The restriction will see the individual’s bank accounts, automated teller machine (ATM) access and credit facilities suspended, while still allowing them to withdraw funds for daily living expenses.
Source: Singapore anti-scam law allows bank account seizures | The Manila Times