Monetary Authority of Singapore

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3h
The Hindu
NSE forms academy for financial coursesNSE said in a statement. “Most of these companies are registered with Financia
NSE forms academy for financial courses
The Hindu / Posted 3 hours ago
NSE said in a statement. “Most of these companies are registered with Financial Industry Regulatory Authority (FINRA) / Monetary Authority of Singapore (MAS) — the US and Singapore’s regulatory authorities and require financial market... Read more
5h
The Borneo Post
1MDB asset transfer to be completed by mid-June: Johariit would not have any impact on 1MDB’s operations. “1MDB does not have much de
1MDB asset transfer to be completed by mid-June: Johari
The Borneo Post / Posted 5 hours ago
it would not have any impact on 1MDB’s operations. “1MDB does not have much dealings with them (BSI Bank),” he added. The Monetary Authority of Singapore announced on Tuesday that it has ordered the closure of Switzerland’s BSI Bank in... Read more
10h
Anwar Ibrahim Blog
Former BSI banker Yeo faces two new charges as 1MDB probe widens « Demi Rakyateven before he was formally arrested by the authorities,” added Kwek. Kwek als
Former BSI banker Yeo faces two new charges as 1MDB probe widens « Demi Rakyat
Anwar Ibrahim Blog / Posted 10 hours ago
even before he was formally arrested by the authorities,” added Kwek. Kwek also referred to an announcement by the Monetary Authority of Singapore (MAS) on May 24 to shut down BSI here for “serious breaches of anti-money laundering... Read more
14h
Channel NewsAsia
Singapore economy grew 1.8% year-on-year in Q1 2016: MTI0.2 per cent, down from the 6.2 per cent growth in the preceding quarter. Acco
Singapore economy grew 1.8% year-on-year in Q1 2016: MTI
Channel NewsAsia / Posted 14 hours ago
0.2 per cent, down from the 6.2 per cent growth in the preceding quarter. According to a quarterly survey released by the Monetary Authority of Singapore (MAS) in March, private sector economists had expected Singapore’s economy to grow by 1.6 per... Read more
14h
International Business Times
Malaysia 1MDB scandal: Swiss regulator approves BSI takeover by EFG but imposes conditions this." No action was taken by the bank despite the concern raised. Singapore's
Malaysia 1MDB scandal: Swiss regulator approves BSI takeover by EFG but imposes conditions
International Business Times / Posted 14 hours ago
this." No action was taken by the bank despite the concern raised. Singapore's financial market supervisory authority, the Monetary Authority of Singapore has withdrawn BSI's local licence in the city state. It also imposed a fine of S$13.3m... Read more
48 related stories
15h
Finance Asia
BSI closure shines spotlight on due diligencemeasures is likely to follow," he said. BSI's woes BSI was ordered to withdraw
BSI closure shines spotlight on due diligence
Finance Asia / Posted 15 hours ago
measures is likely to follow," he said. BSI's woes BSI was ordered to withdraw its status as a merchant bank by the Monetary Authority of Singapore (MAS) yesterday because of serious breaches of anti-money laundering (AML) rules, poor... Read more
48 related stories
20h
DW
Criminal case opened against Switzerland's BSI bank over Malaysian fund |of public foreign officials, dishonest management of public interests and money
Criminal case opened against Switzerland's BSI bank over Malaysian fund |
DW / Posted 20 hours ago
of public foreign officials, dishonest management of public interests and money laundering." Also on Tuesday, the Monetary Authority of Singapore said it had withdrawn the BSI's status as a merchant bank in Singapore. It directed the bank... Read more
48 related stories
20h
The Borneo Post
Monetary Authority of Singapore directs BSI Bank to shut down in SingaporeSINGAPORE: The Monetary Authority of Singapore (MAS) has served notice on BSI B
Monetary Authority of Singapore directs BSI Bank to shut down in Singapore
The Borneo Post / Posted 20 hours ago
SINGAPORE: The Monetary Authority of Singapore (MAS) has served notice on BSI Bank Ltd (BSI Bank) of the intention to withdraw its status as a merchant bank for serious breaches of anti-money laundering requirements, poor management oversight of the... Read more
48 related stories
22h
Swissinfo
Rise and Fall of a Century-Old Swiss Bank: BSI Timelinelapses" at the private bank ranging from poor due diligence to problems in risk
Rise and Fall of a Century-Old Swiss Bank: BSI Timeline
Swissinfo / Posted 22 hours ago
lapses" at the private bank ranging from poor due diligence to problems in risk management and internal controls. The Monetary Authority of Singapore also asks prosecutors to look into whether Brunner and other former BSI executives in the... Read more
48 related stories
1d
Swissinfo
Malaysia’s 1MDB Web And The 143-Year-Old Swiss Bank It Ensnaredit had been conducting a “thorough review of various transactions as well as fu
Malaysia’s 1MDB Web And The 143-Year-Old Swiss Bank It Ensnared
Swissinfo / Posted yesterday
it had been conducting a “thorough review of various transactions as well as fund flows” through its banking system. The Monetary Authority of Singapore said on Tuesday it will withdraw BSI’s status as a merchant bank for breaches of money... Read more
48 related stories
1d
Channel NewsAsia
BSI failed to question hundreds of millions of dollars in 1MDB transactions: Swiss watchdogwere executed across several continents and financial centres. The watchdog no
BSI failed to question hundreds of millions of dollars in 1MDB transactions: Swiss watchdog
Channel NewsAsia / Posted yesterday
were executed across several continents and financial centres. The watchdog noted that its cooperation with the Monetary Authority of Singapore (MAS) was particularly intensive, and that MAS carried out on-site investigations at the BSI... Read more
48 related stories
1d
Bangkok Post - Thailand's English news
BSI shut by Singapore as Swiss start probeas criminal proceedings were started against the firm amid global investigation
BSI shut by Singapore as Swiss start probe
Bangkok Post - Thailand's English news / Posted yesterday
as criminal proceedings were started against the firm amid global investigations into a troubled Malaysian state fund. The Monetary Authority of Singapore said it will withdraw BSI Bank Ltd’s licence for breaches of money laundering rules as the... Read more
48 related stories
1d
Zero Hedge
In Historic First, Singapore Shuts Local Private Bank Due To "Worst Gross Misconduct" Is Has Ever Seeninto a the troubled Malaysian 1MDB state fund. As Bloomberg reports, in an unp
In Historic First, Singapore Shuts Local Private Bank Due To "Worst Gross Misconduct" Is Has Ever Seen
Zero Hedge / Posted yesterday
into a the troubled Malaysian 1MDB state fund. As Bloomberg reports, in an unprecedented until now move, the Monetary Authority of Singapore said it will withdraw BSI Bank's status as a merchant bank for breaches of money laundering... Read more
48 related stories
1d
Manila Bulletin
Swiss approve dissolution of bank in Malaysia scandalSwiss authorities in its investigations, said Tuesday that it was kicking out B
Swiss approve dissolution of bank in Malaysia scandal
Manila Bulletin / Posted yesterday
Swiss authorities in its investigations, said Tuesday that it was kicking out BSI. Ravi Menon, managing director of the Monetary Authority of Singapore, described the bank’s activities as the “worst case of control lapses and gross misconduct... Read more
48 related stories
1d
Sarawak Report
World's Biggest Money Laundering Investigation Goes Up Another Gearinvestigations against six of its senior managers for ‘serious breaches of anti
World's Biggest Money Laundering Investigation Goes Up Another Gear
Sarawak Report / Posted yesterday
investigations against six of its senior managers for ‘serious breaches of anti-money laundering requirements': “The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to... Read more
48 related stories
1d
Bangkok Post - Thailand's English news
Swiss approve dissolution of scandal-hit bankSwiss authorities in its investigations, said Tuesday that it was kicking out B
Swiss approve dissolution of scandal-hit bank
Bangkok Post - Thailand's English news / Posted yesterday
Swiss authorities in its investigations, said Tuesday that it was kicking out BSI. Ravi Menon, managing director of the Monetary Authority of Singapore, described the wrongdoing as the "worst case of control lapses and gross misconduct that we... Read more
48 related stories
1d
The Economic Times
Swiss regulators approve dissolution of scandal-hit BSI BankSwiss authorities in its investigations, said Tuesday that it was kicking out B
Swiss regulators approve dissolution of scandal-hit BSI Bank
The Economic Times / Posted yesterday
Swiss authorities in its investigations, said Tuesday that it was kicking out BSI. Ravi Menon, managing director of the Monetary Authority of Singapore, described the wrongdoing as the "worst case of control lapses and gross misconduct that we... Read more
48 related stories
1d
The Financial Express
Singapore shuts bank unit linked to 1MDB as Swiss open criminal proceedingsThe Monetary Authority of Singapore (MAS) said it had withdrawn Swiss-based BSI
Singapore shuts bank unit linked to 1MDB as Swiss open criminal proceedings
The Financial Express / Posted yesterday
The Monetary Authority of Singapore (MAS) said it had withdrawn Swiss-based BSI Bank’s status as a merchant bank in Singapore and directed it to shut down for serious breaches of anti-money laundering requirements and other lapses. (Source... Read more
48 related stories
1d
NBC26 Green Bay
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
NBC26 Green Bay / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
Beaumont Enterprise
Swiss bank to be shut over Malaysia embezzlement scandalthe logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. Acc
Swiss bank to be shut over Malaysia embezzlement scandal
Beaumont Enterprise / Posted yesterday
the logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. According to media reports on May 24, 2016, the Monetary Authority of Singapore (MAS) ordered the closure of Switzerland's BSI Bank in Singapore. (Karl Mathis/Keystone, file... Read more
2 related stories
1d
Stamford Advocate
Swiss bank to be shut over Malaysia embezzlement scandalthe logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. Acc
Swiss bank to be shut over Malaysia embezzlement scandal
Stamford Advocate / Posted yesterday
the logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. According to media reports on May 24, 2016, the Monetary Authority of Singapore (MAS) ordered the closure of Switzerland's BSI Bank in Singapore. (Karl Mathis/Keystone, file... Read more
2 related stories
1d
Chattanooga Times Free Press
Swiss bank to be shut over Malaysia embezzlement scandalorganized," it added. No public officials in Malaysia have yet been charged wi
Swiss bank to be shut over Malaysia embezzlement scandal
Chattanooga Times Free Press / Posted yesterday
organized," it added. No public officials in Malaysia have yet been charged with wrongdoing in relation to the case. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
Your Hometown Lima Stations
Swiss bank to be shut over Malaysia embezzlement scandalorganized," it added. No public officials in Malaysia have yet been charged wi
Swiss bank to be shut over Malaysia embezzlement scandal
Your Hometown Lima Stations / Posted yesterday
organized," it added. No public officials in Malaysia have yet been charged with wrongdoing in relation to the case. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
Connecticut Post
Swiss bank to be shut over Malaysia embezzlement scandalthe logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. Acc
Swiss bank to be shut over Malaysia embezzlement scandal
Connecticut Post / Posted yesterday
the logo of the Banca della Svizzera Italiana (BSI) in Lugano, Switzerland. According to media reports on May 24, 2016, the Monetary Authority of Singapore (MAS) ordered the closure of Switzerland's BSI Bank in Singapore. (Karl Mathis/Keystone, file... Read more
2 related stories
1d
Channel NewsAsia
2 new charges for ex-BSI Singapore banker involved in 1MDB probethe agreements with PHH and DCM on Aug 28, 2013 and Feb 21, 2013 respectively.
2 new charges for ex-BSI Singapore banker involved in 1MDB probe
Channel NewsAsia / Posted yesterday
the agreements with PHH and DCM on Aug 28, 2013 and Feb 21, 2013 respectively. BSI Bank was separately shut down by the Monetary Authority of Singapore on Tuesday over “serious breaches of anti-money laundering requirements, poor management... Read more
1d
Channel NewsAsia
Asia stocks extend global losses on oil price dropHang Seng index bucked the trend to end up 0.11 per cent. Singapore was down 0
Asia stocks extend global losses on oil price drop
Channel NewsAsia / Posted yesterday
Hang Seng index bucked the trend to end up 0.11 per cent. Singapore was down 0.6 per cent. Also in the city state, the Monetary Authority of Singapore (MAS) said it had served Switzerland's BSI Bank - which has been linked to a global... Read more
1d
KIVI Boise
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
KIVI Boise / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
KGTV San Diego
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
KGTV San Diego / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
International Business Times
Singapore regulator shuts Swiss bank over 1MDB scandal if some senior executives or other staff members of the bank are involved in cr
Singapore regulator shuts Swiss bank over 1MDB scandal
International Business Times / Posted yesterday
if some senior executives or other staff members of the bank are involved in criminal offences. This is the first time the Monetary Authority of Singapore (MAS) is revoking a license issued to a merchant bank in 32 years. According to the... Read more
48 related stories
1d
Business Standard India
Singapore central bank directs BSI Singapore to shut downto shut down for serious breaches of anti-money laundering requirements and oth
Singapore central bank directs BSI Singapore to shut down
Business Standard India / Posted yesterday
to shut down for serious breaches of anti-money laundering requirements and other lapses. In a statement on Tuesday, the Monetary Authority of Singapore (MAS) said it has referred to the Public Prosecutor names of six members of BSI Bank's senior... Read more
48 related stories
1d
KMGH 7 Denver
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
KMGH 7 Denver / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
ABC Action News Tampa Bay
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
ABC Action News Tampa Bay / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
Weekly Times
Singapore orders BSI bank unit shutbank, in the biggest international crackdown on financial entities dealing with
Singapore orders BSI bank unit shut
Weekly Times / Posted yesterday
bank, in the biggest international crackdown on financial entities dealing with a troubled Malaysian state fund. The Monetary Authority of Singapore (MAS) said on Tuesday it had withdrawn BSI Bank’s status as a merchant bank in Singapore for... Read more
48 related stories
1d
KTNV Las Vegas
Swiss bank probed in Malaysian fund scandalof the 1MDB case could have been prevented had BSI SA been adequately organized
Swiss bank probed in Malaysian fund scandal
KTNV Las Vegas / Posted yesterday
of the 1MDB case could have been prevented had BSI SA been adequately organized," the attorney general's office said. The Monetary Authority of Singapore said it had served BSI Bank Limited, the bank's local subsidiary, notice of intention to... Read more
48 related stories
1d
Australian Broadcasting Corporation
Singapore kicks out Swiss bank linked to Malaysia's 1MDB scandalto a global money-laundering scandal at Malaysia's state fund 1MDB that has emb
Singapore kicks out Swiss bank linked to Malaysia's 1MDB scandal
Australian Broadcasting Corporation / Posted yesterday
to a global money-laundering scandal at Malaysia's state fund 1MDB that has embroiled Prime Minister Najib Razak. The Monetary Authority of Singapore (MAS) said it has served the bank with a "notice of intention to withdraw its status as a... Read more
48 related stories
1d
Investors Chronicle
Bank’s gross misconduct And you thought it was all done and dusted! This morning the Monetary Authori
Bank’s gross misconduct
Investors Chronicle / Posted yesterday
And you thought it was all done and dusted! This morning the Monetary Authority of Singapore shut down the Singapore branch of Swiss private bank Banca della Svizzera Italiana in connection with its dealings with Malaysia’s... Read more
1d
Swissinfo
Criminal case opened against BSI bank over 1MDB fundannouncement came as Singapore's central bank on Tuesday ordered BSI's operatio
Criminal case opened against BSI bank over 1MDB fund
Swissinfo / Posted yesterday
announcement came as Singapore's central bank on Tuesday ordered BSI's operations in the city-state to close down. The Monetary Authority of Singapore (MAS) said it had withdrawn Swiss-based BSI Bank's status as a merchant bank in Singapore and... Read more
48 related stories
1d
Bangkok Post - Thailand's English news
Singapore kicks out Swiss bank linked to Malaysia's 1MDBbranch of Swiss bank BSI, which has been linked to a scandal at Malaysia's trou
Singapore kicks out Swiss bank linked to Malaysia's 1MDB
Bangkok Post - Thailand's English news / Posted yesterday
branch of Swiss bank BSI, which has been linked to a scandal at Malaysia's troubled state fund 1MDB In a statement, the Monetary Authority of Singapore (MAS) said it had also asked state prosecutors to investigate six senior executives of BSI... Read more
48 related stories
1d
The Borneo Post
Singapore kicks out Swiss bank linked to 1MDBthe closure of the local branch of Swiss bank BSI, which has been linked to Mal
Singapore kicks out Swiss bank linked to 1MDB
The Borneo Post / Posted yesterday
the closure of the local branch of Swiss bank BSI, which has been linked to Malaysia’s troubled state fund 1MDB. “The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to... Read more
48 related stories
1d
Channel NewsAsia
Swiss attorney-general opens criminal proceedings against BSI Bankof money laundering regulations in connection with 1MDB. The OAG's announcemen
Swiss attorney-general opens criminal proceedings against BSI Bank
Channel NewsAsia / Posted yesterday
of money laundering regulations in connection with 1MDB. The OAG's announcement came on the heels of news that Singapore's Monetary Authority of Singapore (MAS) had ordered the bank's Singapore operations to be shuttered, and imposed S$13.3 million... Read more
48 related stories
1d
The Star
Singapore kicks out Swiss bank linked to 1MDBbank BSI, which has been linked to a scandal at Malaysia’s troubled state fund
Singapore kicks out Swiss bank linked to 1MDB
The Star / Posted yesterday
bank BSI, which has been linked to a scandal at Malaysia’s troubled state fund 1Malaysia Development Bhd (1MDB). “The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to... Read more
48 related stories
1d
Channel NewsAsia
MAS orders BSI Bank to shut down in SingaporeSINGAPORE: The Monetary Authority of Singapore (MAS) has ordered the closure of
MAS orders BSI Bank to shut down in Singapore
Channel NewsAsia / Posted yesterday
SINGAPORE: The Monetary Authority of Singapore (MAS) has ordered the closure of Switzerland’s BSI Bank in Singapore over “serious breaches of anti-money laundering requirements, poor management oversight of the bank’s operations, and gross misconduct... Read more
48 related stories
2d
The Star
Asian currencies broadly higher as dollar faltersdecline than what economists had been expecting and also less than the 1.0 perc
Asian currencies broadly higher as dollar falters
The Star / Posted 2 days ago
decline than what economists had been expecting and also less than the 1.0 percent fall recorded in March. Given that the Monetary Authority of Singapore (MAS) has already adopted a rather dovish policy bias, the bar for further policy easing... Read more
2d
Channel NewsAsia
Consumer prices continue fall in April, but pace of decline slowsdue to the low base associated with the disbursement of Service & Conservancy C
Consumer prices continue fall in April, but pace of decline slows
Channel NewsAsia / Posted 2 days ago
due to the low base associated with the disbursement of Service & Conservancy Charges rebates in April last year, said the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI). Core inflation, which excludes the cost... Read more
5d
Daily Mail
Kimora Simmons ex-Goldman husband Tim Leissner got money in scandalwith relevant authorities, including those in Malaysia, Switzerland and the Uni
Kimora Simmons ex-Goldman husband Tim Leissner got money in scandal
Daily Mail / Posted 5 days ago
with relevant authorities, including those in Malaysia, Switzerland and the United States,' said a joint statement from the Monetary Authority of Singapore and the police Commercial Affairs Department. Pals: Kimora with the Malayasian Prime... Read more
6d
The Star
All eyes on interest rate, analysts expect status quorates three times since the start of 2016 by a cumulative 75bps to support its
All eyes on interest rate, analysts expect status quo
The Star / Posted 6 days ago
rates three times since the start of 2016 by a cumulative 75bps to support its slowing economy, while last month saw the Monetary Authority of Singapore surprisingly devaluing its currency amid deflationary risks, and the Reserve Bank of India... Read more
2 related stories
7d
Business Insurance
Singapore, Philippines central banks move to tighten cyber securityused by about 11,000 banks and institutions around the world, have sent tremors
Singapore, Philippines central banks move to tighten cyber security
Business Insurance / Posted 7 days ago
used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry. The Monetary Authority of Singapore “expects financial institutions to implement strong controls in their IT systems as set out... Read more
8 related stories
7d
Business Insurance
Singapore, Philippines central banks move to tighten cyber securityused by about 11,000 banks and institutions around the world, have sent tremors
Singapore, Philippines central banks move to tighten cyber security
Business Insurance / Posted 7 days ago
used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry. The Monetary Authority of Singapore “expects financial institutions to implement strong controls in their IT systems as set out... Read more
3 related stories
7d
Bdnews24.com
Singapore, Philippines central banks move to tighten cyber securityused by about 11,000 banks and institutions around the world, have sent tremors
Singapore, Philippines central banks move to tighten cyber security
Bdnews24.com / Posted 7 days ago
used by about 11,000 banks and institutions around the world, have sent tremors through the global financial industry. The Monetary Authority of Singapore "expects financial institutions to implement strong controls in their IT systems as set out... Read more
8 related stories
8d
Business Insurance
Work to create sustainable cyber insurance market in Asiato grow a sustainable cyber insurance market in Asia, reported Asia Insurance R
Work to create sustainable cyber insurance market in Asia
Business Insurance / Posted 8 days ago
to grow a sustainable cyber insurance market in Asia, reported Asia Insurance Review. Bernard Wee, an official at the Monetary Authority of Singapore, said that Asia accounts for a negligible section of the global cyber insurance market and... Read more
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