All posts tagged "CAD"
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634AML / KYCSingapore Charges its First National for Terrorism Financing
Singapore's Ministry of Home Affairs has confirmed that a Singaporean man has been charged for allegedly financing the publication of ISIS propaganda.
April 17, 2019 -
549AML / KYCOCBC Received Police Award for Foiling Fraud Attempt
OCBC was able to recover $205,000 from a Malaysian bank after a transaction was flagged by its fraud surveillance unit as not fitting the client's usual patterns.
April 15, 2019 -
2.1KAML / KYCMAS Renews Call for Use of Data Analytics in AML/CFT Programmes
MAS has renewed calls for financial institutions to further develop their data analytics capabilities in the interest of improving the effectiveness of their AML/CFT programmes.
April 9, 2019 -
515EnforcementSingapore Charges Three for Spoofing Index Futures
In a MAS-CAD joint investigation, three individuals are being charged for allegedly spoofing SGX-MSCI index futures and giving false statements to SGX.
March 28, 2019 -
694AML / KYC
MAS Details Enforcement Outcomes, Priorities in Inaugural Report
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
March 21, 2019 -
965AML / KYC
Singapore Pushes Data Analytics, Collaboration to Counter Financial Crime
A new report by Singapore's AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.
November 30, 2018 -
379AML / KYC
Singapore Releases AML/CTF Best Practice Papers
MAS-CAD industry partnership on AML/CFT released best practices papers to help financial institutions guard against trade-based money laundering and the misuse of company structures for illicit purposes.
May 17, 2018 -
198AML / KYCUS Resident Pleads Guilty to Singapore Money Laundering
American convinced victim to make $600,000 investment with promise of 30% return, but instead transferred to Singapore account.
April 11, 2018 -
454AML / KYC
Money 20/20: MAS Speaks Out on Crypto Risks, Blockchain
In a speech at Money 20/20 Asia, MAS managing director Ravi Menon spoke about the promise of blockchain technology and containing cryptocurrency risks; AML/CTF risks present a "clear and present danger".
March 17, 2018 -
288Enforcement
MAS, CAD to Jointly Investigate All Capital Markets, Financial Advisory Offences
MAS and CAD will consolidation investigative resources and expertise for all capital market and financial advisory offences, effective 17 March.
March 14, 2018
