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anti-money laundering
Anti-money laundering
Singapore updates money laundering risk assessment, the first since 2014
Singapore updates money laundering risk assessment, the first since 2014
June 20, 2024
Anti-money laundering
Singapore to inspect Credit Suisse, others in $2.8 bil scandal
Officials from the regulator are set to interview personnel and review documents within weeks.
October 18, 2023
Anti-money laundering
Singapore seizes millions in Credit Suisse, Julius Baer accounts
The police seized $125 million from a suspected money launderer’s accounts with Julius Baer and Credit Suisse AG's local unit.
September 06, 2023
Anti-money laundering
DBS, OCBC are creditors to alleged launderers' Singapore firms
Both the investment firms linked to DBS and OCBC have listed office addresses in Singapore’s business district.
August 30, 2023
Global Economy
Briefs: Singapore seeks financial firms' documents in laundering case, SGX RegCo issues 'trade with caution' on DRT
Quoteworthy: "We want good luck and good things to happen." –— Presidential candidate Tharman Shanmugaratnam.
August 25, 2023
Anti-money laundering
Singapore seeks financial firms’ documents in laundering case
Investigations are still at an early stage, according to public prosecutors at a court hearing on Wednesday.
August 23, 2023
Anti-money laundering
Deutsche Bank is creditor to alleged launderers’ Singapore firm
Deutsche Bank is the latest lender to be embroiled in the scandal.
August 23, 2023
Anti-money laundering
Citi, CIMB used by accused in Singapore’s laundering scandal
The two lenders were used in 2020 and 2021 by some of the foreign nationals who were arrested in raids this week.
August 18, 2023
Anti-money laundering
SPF seizes $1 bil assets in form of GCBs, cars and property, in money laundering raid
SPF said 10 foreigners were arrested; also seized were $23 mil in cash and 35 bank accounts with estimated balance of $110 mil
August 16, 2023
Regulatory Action
Companies, foreign companies, and LLPs to file information in ACRA’s Central Register of Controllers in end July
Starting July 30, all companies, foreign companies, and limited liability partnerships (LLPs) will be required to file the information in their RORC to ACRA's Central Register of Controller.
July 28, 2020