Regulator said he failed to file suspicious transaction reports related to 1MDB.
Loh Thim Mun Marcus was found to have transferred clients’ money to his personal account.
AutoCIO is an artificial intelligence (AI) platform that generates investment portfolios based on machine-learning-driven analysis.
The bank has to stump up an additional S$930m ($692.5m) in regulatory capital.
Three men have been arrested in connection with the probe into the firm’s unlicensed activities.
AUM in the Lion City grew at a double digit rate in 2020, thanks to the strong demand for private equity and real estate funds.
The four new platforms will be launched under Project Greenprint, which was announced last December.
The investment management firm launches four new investment funds in the Lion City.
The Monetary Authority of Singapore (MAS) has hired a new sustainability chief to spearhead a new unit from October.
The proposals would allow the Monetary Authority of Singapore (MAS) to enter targets’ premises without a court warrant.