SINGAPORE banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money laundering involving more than S$2.4 billion ($1.8 billion) ...
Singapore banks scrutinize Chinese-born clients amidst money laundering probe
Singapore banks are expanding their investigations to Chinese-born customers with other passports, focusing on clients holding crypto or participating in money laundering activities.
Singapore shares slide 1.2% after Fed’s hawkish hold
Decliners beat gainers 362 to 195, as 1.3 billion securities with a total value of $941.2 million were transacted Read more at straitstimes.com.
Singapore money-laundering case: Value of assets seized swells to S$2.4 billion
What are the assets seized in additional investigative operations into the money-laundering case? Here's the list.
Singapore banks step up scrutiny of Chinese with ‘investment-linked’ passports
even with the use of technology. “No country can achieve zero crime,” Gupta said at a Reuters Newsmaker event. The Monetary Authority of Singapore, the central bank, is having supervisory engagements ...
Singapore will not become ‘vassal state’ between China and US, says foreign minister
Singapore’s Foreign Minister Vivian Balakrishnan tells Christiane Amanpour how the city-state is trying to navigate the precarious state of China-US relations.
Lance Stroll issues health update after bruising Singapore qualy crash
Lance Stroll is “feeling good” after his high-speed Singapore qualifying crash and is excited to get back into the car at the Japanese Grand Prix. Stroll sat out last Sunday’s Singapore Grand Prix after a bruising crash in qualifying destroyed his Aston Martin AMR23, the impact ferocious enough to rip off the front left wheel.
Magazine: F1 Singapore GP review, AMABA finalists revealed
Carlos Sainz’s sensational Singapore Grand Prix victory, ending Red Bull’s winning streak, is the focus of this week’s Autosport magazine, out today (21 September).
OKX Stealth Mode Livery to be Featured on McLaren MCL60 Race Cars at Japan Grand Prix, Following Podium Finish in Singapore
OKX also hosted a McLaren-themed fanzone at CHIJMES, Singapore from September 14-17, featuring a Stealth Mode show car, racing simulators and giveaways, as well as special guest appearances by McLaren F1 driver Lando Norris and McLaren Racing CEO Zak Brown on September 14 and 15, respectively.
Tuya Smart Presented Energy-saving Solutions at the TUYA Developer Summit in Singapore to Help Customers Achieve Sustainable Future
SINGAPORE, Sept. 21, 2023 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global IoT developer service provider, successfully hosted the TUYA Developer Summit on August 31, 2023, in the "smart nation" of Singapore. Themed "Everything Connected, Everyone Sustainable", the summit drew much attention from global developers.
Singapore investors driven more by returns for green investments, with focus on tech solutions
It found that 68 per cent of investors in Singapore said nature is now considered a part of their investment strategy. They were also most likely to expect increased returns and reduced nature risk in ...
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
In the aftermath of a substantial money laundering scandal involving S$2.4 billion ($1.8 billion) last month, banks based in Singapore have increased their vigilance towards clients of Chinese origin ...
Singapore banks tighten oversight on foreign clients post-money laundering scandal
In a bid to strengthen its financial integrity following a money laundering scandal, Singapore's banking sector has increased its oversight of clients of Chinese descent holding foreign citizenships.
Property consultancy firm Sevens Atelier assisting with probe by MAS, police’s financial crime unit
SINGAPORE: Property consultancy firm Sevens Atelier is assisting the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) with an investigation into an offence under ... ( read original story ...)
Singapore transport fare to rise by up to 11 cents: 8 tips to save money on bus and MRT fares
Public transport fares in Singapore have gone up by seven per cent, and for obvious reasons, nobody is pleased. Each journey is going to cost 10 to 11 cents more from Dec 23, 2023. The local news ...
OCBC becomes direct clearing member of HKEX’S OTC Clear AND LCH SwapClear
The bank’s OTC Clear membership will give it access to clearing services for over-the-counter (OTC) derivatives in cross currency swaps and interest rate swaps (IRS) for HKD and CNH. Central clearing ...