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

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

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

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

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's central bank said Friday it has penalized several top global financial institutions, including Citibank and UBS, ...

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

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.

The Company received over S$571,000, of which a portion was subsequently transferred to foreign bank accounts.

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

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