MAS raps DBS, StanChart, UBS over 1MDB fund flows
THE Monetary Authority of Singapore (MAS) has criticised DBS, Standard Chartered Singapore, and UBS Singapore for "control failings" linked to flows from Malaysia's embattled state fund 1MDB, and said it will take "decisive actions" against financial institutions used as conduits for these questionable fund flows. Read more at The Business Times.
Saturday, July 23, 2016
MAS Raps DBS, StanChart, UBS Over 1MDB Fund Flows
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