Singapore is shortening the time it takes for wealthy clients to open private bank accounts and get tax incentives for their ...

Singapore's central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on ...

A former OCBC Bank employee in Singapore is being tried for illegally transferring SGD600,000 (US$470,000) from a client’s ...

SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed S$27.45 million (US$21.55 million) in penalties on nine ...

Discover how Southeast Asia is tackling financial crimes and money laundering through legal reforms, advanced AML ...

MAS fines major Singapore financial institutions S$27.45M for anti-money laundering breaches tied to 2023 high-profile ...

Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto ...

The Monetary Authority of Singapore penalised six banks and three other financial institutions a total of S$27.45 million ...

Singapore hits global banks with $21.5M penalties after uncovering massive illicit finance network ...

The MAS today imposed composition penalties of $27.45 mil to 9 FIs for breaching AML/CFT requirements, after looking into the ...

Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector ...

MAS said 8 of the institutions did not adequately probe suspicious transactions flagged by their own systems. Read more at straitstimes.com. Read more at straitstimes.com.