The Monetary Authority of Singapore (Mas) sends a message of zero tolerance towards money laundering as it penalises two Standard Chartered entities for suspicious transfers from Guernsey, according to industry sources.
Tag: anti-money laundering
A look at Singapore’s AML rules for fund managers
Post-1MDB, the Monetary Authority of Singapore (MAS) has reinforced its focus on anti-money laundering (AML). Damayanti Shahani provides a snapshot of what a fund management firm can expect.
