The Monetary Authority of Singapore issued updated Technology Risk Management Guidelines to keep pace with emerging technologies and evolving landscape.
The Monetary Authority of Singapore responded to a question from a Member of Parliament concerning reports that Singapore companies are less transparent on corporate governance issues as compared to Malaysia and Thailand.
U.S. officials to gauge the risk of financial crime that China poses, EU lawmakers want stronger U.K. commitment against illicit finance, and more, in the midweek roundup.
ING’s former chief faces Dutch criminal investigations for AML violations, Norway prepares large penalty against DNB, and more, in the midweek roundup.
The Monetary Authority of Singapore issued a decision to ban Kevin Michael Swampillai, the former head of the Wealth Management Services Department of BSI Bank Limited, Singapore Branch, for his conviction of money laundering charges.
The Monetary Authority of Singapore announced that Goldman Sachs Singapore Pte, the Singapore-based entity of Goldman Sachs Group Inc. will a $122 million general payment and pay $61 million in disgorgement to settle its involvement in the 1MDB scandal.
|Compliant : 20||High :|
|Largely Compliant : 17||Substantial : 4|
|Partially Compliant : 3||Moderate : 6|
|Non-Compliant : 0||Low : 1|
Singapore's technical compliance was re-rated in a Nov. 18, 2019 follow-up report
|Rank : 102/141|
|Score : 4.56/10|
|Rank : 4/180|
|Score : 85/100|
|Rank : 5/133|
|Score : 65/100|