Singapore hits global banks with $21.5M penalties after uncovering massive illicit finance network ...

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

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

Apple is also nearing another potential milestone: making money from a big-budget movie. F1, co-produced by Pitt’s Plan B ...

Singapore fines 9 financial firms S$27.45M in its biggest-ever money laundering case, exposing S$3B in dirty funds tied to ...

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

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 nine financial institutions S$27.45 million and bans four individuals after uncovering serious anti‑money ...

Singapore's central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totalling S$27.45 million ($21.5 million) in relation to the country's ...

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and ...