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Central Banking17m
Singapore fines financial firms $21.5 million for AML breaches
Singapore’s central bank on July 4 handed down $21.5 million in fines to nine financial institutions in relation to breaches ...
Singapore penalises nine financial institutions for AML breaches
In total, MAS has imposed composition penalties amounting to S$27.45m ($21.4m) on the FIs for violations of AML and CFT ...
FintechNewsSG8h
MAS Fines UOB, Credit Suisse, UBS and Six Others S$27.45 Million for AML Breaches
MAS has imposed a total of S$27.45 million in penalties on nine financial institutions for breaches related to AML and CFT ...