All posts tagged "UOB"
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100AML / KYCSingapore Court Fines Man for Falsifying North Korea Invoices
The business dealings were not in violation of sanctions regulations but the falsification of invoices to conceal them from banks has resulted in a S$210,000 fine.
October 26, 2021 -
170ChinaICMA, NAFMII Publish Guidance on China Interbank Bond Market
The guidance includes a handbook on investing in the CIBM, as well as a set of case studies to help foreign companies better understand panda bond issuance.
September 27, 2021 -
138EnforcementSingapore Police Charges Ex-UOB Banker Over Data Disclosure
The ex-UOB employee accessed customer data from banking systems and disclosed the information to a scammer purporting to represent the Shanghai Police.
August 25, 2021 -
130Enforcement105 More Charges Laid Against Hin Leong Founder
Lim Oon Kuin now faces a total of 130 charges, including 68 for cheating, 47 for abetment of forgery, and 14 for abetment for forgery for the purpose of cheating.
June 28, 2021 -
252Market InfrastructureOCBC Obtains Approval to Convert LIBOR Bonds to SONIA
OCBC has become the first Singapore bank to obtain approval from bondholders to replace GBP LIBOR with SONIA as the interest rate benchmark.
June 16, 2021 -
209AML / KYC
UOB Pilots Digital Signing Capability via SingPass
UOB is testing the use of GovTech's 'Sign with Singpass' to allow a set of retail and corporate customers to confirm transactions and product applications.
June 14, 2021 -
1.0KFeatureSingapore Taskforce Issues Climate Disclosure Guide for FIs
GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.
May 20, 2021 -
178AML / KYCUOB Customer Data Gets Leaked In Impersonation Scam
Scammers obtained personal information of over 1,000 of UOB's Chinese customers with Singapore accounts by deceiving a bank employee.
May 13, 2021 -
154EnforcementSingapore Court Sentences Former Banker to Seven Years’ Jail
The former UOB and OCBC banker promoted fictitious deposit and investment products to customers and then misappropriated the funds.
May 13, 2021 -
782AML / 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
