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

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

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

SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money ...

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

SINGAPORE] Singapore must be willing to take some risks to capture new wealth management opportunities, but still maintain ...

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

This is the biggest regulatory action taken by MAS since it shut down Swiss bank BSI SA’s local unit in 2016 and penalized ...

The Monetary Authority of Singapore (MAS) is streamlining approvals for high net worth individuals, boosting its status as a ...

In total, MAS has imposed composition penalties amounting to S$27.45m ($21.4m) on the FIs for violations of AML and CFT ...

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

Singapore's financial market regulator has fined nine banks for violating anti-money laundering regulations, including UBS, ...