Reuters, 5 Dec 2008, Neil Chatterjee and Kevin Lim
SINGAPORE, Dec 5 (Reuters) - Singapore may face political pressure from the United States over its role as a financial centre for rich foreigners, the country's prime minister said on Friday.
Prime Minister Lee Hsien Loong told journalists at a lunch hosted by Singapore's Foreign Correspondents Association that U.S. pressure on some European countries to lighten banking secrecy laws and open their books to greater scrutiny may lead to more European money flowing into Singapore in the short term.
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