The central bank said it has penalised several top global financial institutions, including Citibank and UBS, for breaches linked to the island-state's biggest money laundering case.

Nine financial institutions, including UBS and Citigroup, were penalized a total of S$27.5 million ($21.5 million) for their ...

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

This is considered the second largest cumulative penalty imposed by MAS for breaches related to anti-money laundering and ...

Singapore's central bank said Friday it has penalized several top global financial institutions, including Citibank and UBS, ...

The Monetary Authority of Singapore (MAS) has imposed composition penalties amounting to S$27.45 million on nine financial ...