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 ...

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 – Credit Suisse (Singapore Branch) and UOB were each handed more than $5 million in penalties for flouting ...

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 ...

The Monetary Authority of Singapore penalised six banks and three other financial institutions a total of S$27.45 million ($21.5 million) on Friday in relation to the country's biggest ever money ...

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

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