A law practice has been ordered to pay a $100,000 penalty. Read more at straitstimes.com. Read more at straitstimes.com.

Baran Ozkan warned that the financial industry in Singapore must learn from its AML lapses or face continuous ...

SINGAPORE] The Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (Acra) plan to bar those who ...

Singapore is considering stripping directorships from persons who have been convicted of money-laundering offenses in the city state after a S$3-billion ($2.34 billion) scandal that dented the ...

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

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

The Monetary Authority of Singapore (MAS) investigated the banks’ involvement in illicit financial transactions. The probe ...

The Enforcement Directorate has submitted its second supplementary complaint against Ramesh Chandra and others as part of the ...

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

MAS fines major Singapore financial institutions S$27.45M for anti-money laundering breaches tied to 2023 high-profile ...

The Company received over S$571,000, of which a portion was subsequently transferred to foreign bank accounts.

The MAS today imposed composition penalties of $27.45 mil to 9 FIs for breaching AML/CFT requirements, after looking into the ...