Money Laundering Bulletin
Vistra Trust pays S$1.1m in Singapore over EDD failings
The Monetary Authority of Singapore (MAS), on 20 January[2022], ordered Vistra Trust (Singapore) Pte. Limited (VTSPL) to pay
a S$1.1million (US$818,000) penalty for “serious breaches” of the jurisdiction’santi-money laundering/counter financing of
terrorism (AML/CFT) requirements.