Singapore c bank unveils rules on terror funding

SINGAPORE - The Monetary Authority of Singapore (MAS) has unveiled sweeping measures for local banks to choke off access by terror groups to funding and weapons.

The city state's central bank and financial regulator said on its web site the latest moves were aimed at supporting resolutions by the U.N. Security Council, Reuters reported. They are also in line with laws on funding militant groups passed by Singapore in July.

Singapore, a close ally of Washington that hosts a U.S. naval logistics