Despite the uncertainty and volatility present this year, global markets have rebounded from the lows reached in early April ...

SINGAPORE] Singapore must be willing to take some risks to capture new wealth management opportunities, but still maintain ...

Singapore is seeking to solidify its position as an investment hub by cutting down on wait time for setting up family offices ...

Singapore has decided to reduce the wait time for wealthy people to set up family offices in the country, cutting the ...

SINGAPORE: Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank ...

Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector ...

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

SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money ...

In total, MAS has imposed composition penalties amounting to S$27.45m ($21.4m) on the FIs for violations of AML and CFT ...

Singapore imposed S$27.5 million ($21.5 million) in penalties on nine financial firms, including a few of the world’s biggest banks, for lapses related to the city’s largest money laundering case.

This is the biggest regulatory action taken by MAS since it shut down Swiss bank BSI SA’s local unit in 2016 and penalized ...

The firms have committed breaches linked to a US$2.36 billion money-laundering case, which led to the arrests of 10 people of ...