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

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

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 ...

Capital market services firms and a trust company also faced hefty penalties for their inadequate anti-money laundering ...

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 ...

The Monetary Authority of Singapore (MAS) issued composition penalties amounting to $27.45 million to nine financial ...

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

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 ...

This is considered the second largest cumulative penalty imposed by MAS for breaches related to anti-money laundering and ...