Singapore imposed S$27.5 million ($21.5 million) in penalties on nine financial firms, including a few of the world’s biggest banks, for lapses related to the city’s largest money laundering case.

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

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

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

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

USD is likely to consolidate between 7.1600 and 7.1750. In the longer run, the current price movements are likely part of a ...

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

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

Pound Sterling (GBP) is expected to continue to range trade US Dollar (USD); firmer underlying tone suggests a higher range ...

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