The Monetary Authority of Singapore (MAS) has announced hefty penalties totalling S$27.45 million (US$21.55 million) against nine financial institutions (FIs) due to breaches related to a significant money laundering case…
In a significant legal drama, the appeal of Vietnamese property tycoon Truong My Lan against her money laundering conviction has started. This comes just three months after a key loss…
SINGAPORE – In a significant legal development, Kim Heng Jewellers and Goldsmiths has been fined $35,000 following the first prosecution under Singapore’s Precious Stones and Precious Metals (Prevention of Money…
SINGAPORE — In a dramatic twist, Thai national Pansuk Siriwipa has pleaded guilty to cheating and money laundering in a luxury goods scam that has bewildered many. On 21 October…