Nine banks, including UBS and Citigroup, have been fined a total of $21.5 million by Singapore’s financial authorities. The ...

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 ...

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

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

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

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

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