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 police are investigating 536 individuals linked to scams and unlicensed moneylending activities resulting in losses ...

The Enforcement Directorate has submitted its second supplementary complaint against Ramesh Chandra and others as part of the ...

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 ...

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.

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 ...

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

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