Unit to rein in money laundering
Print Edition
SINGAPORE’S central bank yesterday formally launched a unit to fight money laundering, strengthening the financial hub’s safeguards against illicit fund flows.
Officials of the Monetary Authority of Singapore have said plans to create the special unit predated a continuing money laundering lawsuit involving state fund 1MDB in neighboring Malaysia and banks operating in Singapore.
“But these recent developments have indeed underscored the merits of bringing together supervisory resources from across MAS to give a centralized focus on combating money laundering,” a spokesman said in June when it announced the unit’s creation.
Singapore last year opened a probe into fund flows linked to 1MDB. In May this year it expelled Switzerland’s BSI Bank for “gross misconduct” related to 1MDB.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
