Singapore fines financial firms $27.5 million for money laundering lapses, including Credit Suisse, UBS, and Citigroup. MAS ...

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

SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed S$27.45 million (US$21.55 million) in penalties on nine financial institutions for breaches related to the 2023 money laundering case ...

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

SINGAPORE ― Singapore’s central bank has imposed penalties on nine financial institutions, including Citibank, Julius Baer and UBS, on Friday totaling SG$27.45 million ($21.5 million) in relation to ...

The scandal had exposed critical weaknesses in preventing financial crimes. Read more at straitstimes.com. Read more at ...

SINGAPORE--Singapore's central bank has imposed more than US$20 million in penalties on nine financial institutions, including major international banks, for what it said were breaches of ...

The banks involved - Credit Suisse, UOB, UBS , Citibank, Julius Baer, and LGT Bank - were each penalised between S$1mln and S$5.8mln ...

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

MAS said eight of the nine financial institutions did not review transactions flagged as suspicious by their own systems.

SINGAPORE -- Singapore's financial regulator on Friday slapped penalties totaling 27.45 million Singapore dollars ($21.5 million) on major banks for shortcomings in preventing a SG$3 billion money ...