Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published on Monday (July 1).
Singapore flags money laundering risk in banking sector
Singapore is inherently exposed to money laundering due to the amount of international banking operations run out of the state, said Colin Jarraw, partner at Virtus Law (Stephenson Harwood (Singapore) ...
Steady investment in SAF shows Singapore is serious about its defence: Ng Eng Hen
That Singapore can send 14,000 soldiers to train overseas also underlines that point Read more at straitstimes.com.
EY Singapore to invest S$100 million in talent development programmes over five years
EY SINGAPORE will invest S$100 million over five years to boost its talent development programmes and improve the attractiveness of the profession, said the financial services giant on Monday (Jul 1).
IPO alert: Niva Bupa Health Insurance files draft prospectus to raise Rs 3,000 crore
Niva Bupa Health Insurance Company Ltd has filed a draft red herring prospectus (DHRP) with SEBI to raise Rs 3,000 crore through an initial public offering.
Niva Bupa IPO: Erstwhile-Max Bupa files DRHP for ₹3,000-crore public issue
Niva Bupa, formerly known as Max Bupa, has announced plans to go public by filing a DRHP with SEBI as the insurance company aims to raise ₹3,000 crore through an IPO and an OFS.
max bupa Health insurance files for initial public offering with sebi to raise rs 3000 crore niva Bupa dhrp care health insurance
The proposed Initial Public Offering (IPO) is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 2,200 crore by a promoter and an investor ...
Niva Bupa Files for Rs 3,000 Cr IPO: Health Insurance Giant Goes Public
Niva Bupa Health Insurance, formerly Max Bupa, files IPO papers with Sebi for Rs 3,000 crore, marking a significant move in India's health insurance market.
CIMB Singapore Users Report Account Balance Errors, Bank Assures System Safety
CIMB Singapore encountered a technical issue on 29 June 2024, affecting the reflection of certain transactions in the bank account balances.
Singapore police seize 1.28 mln fund for scam
SINGAPORE, July 1 (Xinhua) -- Singapore police blocked 40 suspicious bank accounts and seized over 1.28 million Singapore dollars (945,000 U.S. dollars) during an operation between June 20 and June 27 ...
Green Link Digital Bank donates $50,000 to ST School Pocket Money Fund
SINGAPORE – Green Link Digital Bank has pledged a $50,000 donation to The Straits Times School Pocket Money Fund (STSPMF). The bank made the pledge as it celebrated its second year anniversary on June ...
Singapore’s New Rule To Prevent Misuse Of Casinos For Terrorism Financing Is On Par With FATF
Casinos will now look into a customer’s bank accounts as soon as it crosses the new threshold. “The adjustment is made so that Singapore casinos can better combat money laundering and terrorism ...
DBS maintains ‘buy’ call on MPACT following the divestment of Mapletree Anson
DBS Group Research analysts Rachel Tan and Derek Tan have maintained their “buy” call on Mapletree Pan Asia Commercial Trust N2IU - “The recent divestment of Mapletree Anson addresses investors’ ...
DBS strengthens Mashreq’s global same-day cross-border payments
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Temasek on deal hunt to boost returns for Singapore
In March, Singapore approved the merger between Tata-owned Air India and sister airline Vistara, a joint venture between Tata and Temasek-backed Singapore Airlines. The deal has been touted as ...
Singapore to tighten regulations to prevent misuse of casinos for terrorism financing
Casinos will soon have to perform due diligence checks when receiving cash deposits of S$4,000 (US$2,950) or more, down from the current threshold of S$5,000.