Tan Leng Chong was arrested in Thailand on July 5 and handed over to the CNB on July 9. Read more at straitstimes.com. Read ...

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

Credit Suisse’s fine also accounts for separate breaches related to US customer accounts. The Monetary Authority of Singapore ...

Brian Maloney Jr. was flummoxed when he was served with a lawsuit against his family’s business, Middlesex Truck and Coach, in January. Maloney and his father, also named Brian, run the operation, ...

The Monetary Authority of Singapore (MAS) said it had completed its supervisory examinations of institutions linked to persons of interest (POIs) in the ...

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

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

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 ...

Singapore imposed S$27.5 million ($21.5 million) in penalties on nine financial firms, including a few of the world’s biggest ...

The bank has been accused of choosing to “overlook obvious red flags” and permit over 100 intrabank transfers that helped ...

Such scams involved physical collection of money or gold bars from victims, said police, adding that at least 80 cases were reported in the month alone.

The lawsuit claims StanChart facilitated over 100 intrabank transfers that concealed stolen funds and ignored red flags, violating Singaporean regulations. StanChart denies the claims, stating the ...