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

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

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

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

The firms have committed breaches linked to a US$2.36 billion money-laundering case, which led to the arrests of 10 people of ...

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

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 said today it has penalised several top global financial institutions, including Citibank and UBS, ...

The scandal had exposed critical weaknesses in preventing financial crimes. Read more at straitstimes.com. Read more at ...

Singapore fines financial firms $27.5 million for money laundering lapses, including Credit Suisse, UBS, and Citigroup. MAS ...

A minister said most family offices will be able to get tax incentives within three months as Singapore boosts its wealth hub ...

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.