UOB Imposes Measures to Address Areas of Concern After Penalty
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
MASP SP (Monetary Authority of Singapore)
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UUID: 7947283
(Bloomberg) -- Singapore bank accepts findings by Monetary Authority of Singapore, UOB says in statement.
- UOB will continue to build upon anti-money laundering policies, processes and practices to strengthen bank’s ability to combat threats posed by those seeking to abuse banking system
- Profits associated with lapses will be donated to charity
- NOTE: Singapore Penalizes Credit Suisse, UOB After 1MDB- Linked Probe Link
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
MASP SP (Monetary Authority of Singapore)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283