Financial crime

Singapore bans former HSBC, UOB bankers on fraud, dishonesty

SINGAPORE (April 11): Singapore has meted out lengthy bans to convicted former HSBC Holdings Plc and United Overseas Bank Ltd. bankers for fraud and dishonest conduct.

Management & Corporate Governance

MAS to bank on tech, collaboration to fight money laundering and terrorism financing

SINGAPORE (July 18): The fight against money laundering and terrorism financing will continue to be a priority for Singapore as an international financial centre and trading hub, according to the M


Criminals are now creating non-existent identities to conduct fraud, survey finds

SINGAPORE (Feb 7): While prevention technologies have managed to deter identity fraud activities such as card skimming, criminals are now beginning to steal identities or even constructing entirely


OCBC taps AI and machine learning to combat financial crime

SINGAPORE (Nov 7): OCBC says it is the first bank in Singapore to tap artificial intelligence (AI) and machine learning to help combat financial crime.

Six types of people most commonly linked to money laundering crimes

SINGAPORE (Sept 21): Despite having one of the strongest anti-money laundering (AML) ecosystems in the region, Singapore continues to struggle with its exposure to money laundering risks.

Ex-Nomura trader says he was trained to lie to customers

MANHATTAN (May 9): A former Nomura Holdings Inc. bond trader said he was trained to lie to customers shortly after coming to the company in order to boost the firm’s commissions.

Credit Suisse probe puts Swiss authorities on back foot again

GENEVA/ZURICH (April 4): The latest probe into Credit Suisse Group AG is a blow, not just for the firm but also for the Swiss attorney-general, who didn’t know some of the bank’s offices were going

Ex-DBS trader pleads guilty to spoofing Singapore market

SINGAPORE (March 10): A former trader at DBS Group Holdings’ brokerage unit on Friday was convicted by a Singapore court for spoofing the securities market in the first case brought joint

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