All posts tagged "CAD"
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2.1KEnforcementSingapore Police, MAS Launch Probe into Unlicensed Trading Platform
Three arrests have been made amid suspicions that “irregular trading activities have been carried out on the platform”.
January 6, 2022 -
566AML / KYCSingapore Repatriates Another $16.3m of 1MDB Funds to Malaysia
Total 1MDB assets amounting to $4.9bn have now been returned. Asset recovery is still being pursued in the US, UAE, Taiwan, Singapore, and Hong Kong, among other countries.
November 22, 2021 -
301Enforcement
Singapore: 20 More Charges Laid in Nickel Trading Fraud Case
Ng Yu Zhi has been charged with 20 new counts of cheating, bringing the total number of charges he faces to 51.
September 3, 2021 -
308EnforcementSingapore Court Charges UK Man in Wirecard Probe
The man faces charges for abetting the falsification of a document that represented Wirecard's missing money was being held in escrow.
September 2, 2021 -
779AML / KYCMAS Finalising New Data-sharing Platform for Banks
The new platform will enable banks to securely share information on customers exhibiting significant risk red flags and warn each other of potential criminal activity.
August 6, 2021 -
245AML / KYCSingapore: Woman Jailed for Helping to Launder Scam Proceeds
Rohaiza Alap provided 25 bank accounts to scammers to launder S$2mn out of Singapore. She also recruited others to act as money mules.
August 5, 2021 -
195Enforcement
Singapore: Three Individuals Charged for Insider Trading
The former CFO of SGX-listed Broadway Industrial Group communicated insider information to two other individuals.
July 23, 2021 -
430AML / KYC
Singapore Man Admits to Laundering Money in SkillsFuture Scam
A former Grab and Uber driver has admitted to playing the role of a "dummy director" of several shell companies involved in the SkillsFuture scam.
July 20, 2021 -
425Enforcement
SG Police Issue Cheating Charges in Nickel Trading Fraud Case
With the latest charges, Ng Yu Zhi now faces a total of 18 counts of cheating, fraudulent trading and forgery. He will return to court on 28 June.
May 18, 2021 -
1.0KAML / KYCData Analytics Becoming Embedded at Singapore FIs
The increased use of data analytics and digital processes has led to increased AML/CFT effectiveness, according to Assistant Managing Director Ms Loo Siew Yee.
May 3, 2021
