Singapore, money laundering
Singapore Banks Probe Rich Clients After Laundering Case
Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows,
$3b money laundering case: 10 convicted, 17 on the run; police are after the rest
The Commercial Affairs Department is also sharing information with their foreign counterparts. Read more at straitstimes.com.
Banks in Singapore tighten management after 3-billion-USD money laundering case
Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.
Money-laundering scandal: Singapore looks at how to offload seized assets worth US$2.2 billion
The city state has already spent more than USS$473,600 to maintain the valuables, including bungalows, luxury handbags and premium whiskeys.
Singapore secures last conviction in $2bn money laundering case
Tenth Chinese national pleads guilty in scandal that put spotlight on financial hub’s embrace of foreign wealth
Banks in Singapore tighten management after $3 mln laundering case
Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.
The banks that hold most money in Singapore largest laundering scandal
In a Singapore courtroom on Friday, the last of those arrested for their involvement in the nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion scandal.
Mint6d
The Banks That Hold Most Money in Singapore Laundering Scandal
Credit Suisse — now owned by UBS Group AG, and Citigroup Inc. held the largest amounts on deposit ... staff are informed of emerging risks and potential issues related to money laundering to ...
Singapore banks’ red flags? No English, from Guangdong or Fujian with Hong Kong links
The Monetary Authority of Singapore recently completed on-site inspections of some banks that were involved in the case.
The Taipei Times3d
Singapore banks tighten screenings after scandal
Citigroup Inc, DBS Group Holdings Ltd and other banks caught up in Singapore’s biggest money-laundering scandal are ...
Yahoo Finance4d
Singapore Banks Probe Rich Clients After Money-Laundering Case
(Bloomberg) -- Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest ...
The Star3d
Singapore banks probe rich clients after S$3bil money laundering case
SINGAPORE: Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ...