The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for...
Singapore’s money remittance sector poses the highest risk of being exploited for terrorism financing,...
Failures to perform customer identification and to report lar-value and suspicious transactions were the...
86% of Singapore fund managers highlighted ESG investing as a key growth driver, up...
The move is said to be a direct result of a prohibition on US...
Following the launch of the first phase in September 2019, the second phase of...
