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

Rolex is Switzerland’s strongest brand overall, Julius Baer leads among banking brands, and Nestlé remains the most valuable.

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

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

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

Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank and Swiss ...

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 ...

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 ...

Credit Suisse, UOB and UBS were among nine financial institutions that have been slapped with S$27.45 million in penalties ...

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

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

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 ...