Quantcast
Channel: MoneyScience: All site news items
Viewing all articles
Browse latest Browse all 4808

MAS Directs Falcon Bank To Cease Operations In Singapore - Financial Penalties Imposed On DBS Bank And UBS

$
0
0

The Monetary Authority of Singapore (MAS) announced today that it is withdrawing the merchant bank status of Falcon Private Bank Ltd, Singapore Branch (Falcon Bank) for serious failures in anti-money laundering (AML) controls and improper conduct by senior management at the Head Office in Switzerland as well as the Singapore Branch.

read more...


Viewing all articles
Browse latest Browse all 4808

Trending Articles