SINGAPORE (June 2): This past week, the Monetary Authority of Singapore (MAS) imposed penalties on two more banks and said it had completed an extensive, two-year-long probed into the 1Malaysia Development Bhd (1MDB).

(See also: UOB, Credit Suisse fined a total of $1.6 mil for 1MDB-linked transactions; former Falcon & BSI employees issued prohibition orders: Update)

But charges could be brought against more individuals in the future, The Edge Singapore understands.

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