Money Laundering Bulletin
StanChart fined Sing$6.4m over account moves with tax evasion flags
By Keith Nuthall
Standard Chartered Bank has been hit by another enforcement action over past anti-money laundering (AML) failures, with the
Monetary Authority of Singapore (MAS) announcing today (19 March) that it was fining local subsidiaries Singapore dollars
6.4 million (US$4.85 million).