ABSTRACT
This chapter incorporates the mobilities turn in the debates on global cities and Castells idea of cities as spaces of flows by taking Singapore's financial centre as a case study. By drawing attention to the exit and entry gateways for the circulation of financial flows, an analytical framework focuses on the notion of flows draws people to several conclusions. Financial centres expose global cities like Singapore to global risks in several ways that Ulrich Beck neglected previously to elaborate upon. The de-localised nature of global risks such as financial meltdown and terrorist financing/money-laundering that global cities face are not only key planks of Beck's emergent World Risk Society. They also generated impetus on regulatory and political arrangements for actors and networks within the global city to respond through developing new multi-stakeholder arrangements to manage such risks. The US Department of State reported that in Singapore, terrorist financing in general remains a risk in 2012.
