Region: Singapore

The US Department of Justice has launched a civil action against two Singapore-listed companies it alleges were complicit in a North Korean conspiracy to circumvent US trade sanctions.

23 August 2017

A California district court has allowed the commodities trading arm of ANZ bank to issue subpoenas to US companies, as part of the bank's own cross-border investigation into fraud.

08 August 2017

Featured in Investigator's Guide to Singapore

A Singapore court has sentenced a former BSI banker to 54 months in jail for money-laundering charges in connection with funds allegedly embezzled from Malaysia’s 1MDB – the longest for an individual to date.

14 July 2017

Featured in The Due Process Guide 2017

05 July 2017

Identifying individuals responsible for financial misconduct and preventing them from working in the financial services industry is a stronger deterrent than imposing hefty penalties on the banks that employ them, the managing director of Singapore’s central bank said on 29 June.

29 June 2017

Featured in Investigator's Guide to Singapore

A Singapore appeals court ruled that emails published online from a cyberattack, and proposed as evidence in a case, still retain privilege. Lawyers say that the decision sets a precedent against future cyber attacks intended to expose confidential material.

28 June 2017

Featured in Investigator's Guide to Singapore

The Corrupt Practices Investigation Bureau (CPIB) opened a new centre where whistleblowers can report misconduct, to boost the country’s reputation as a corruption-free nation amid widely-publicised money laundering investigations.

12 June 2017

08 June 2017

06 June 2017

The Monetary Authority of Singapore (MAS) has fined Credit Suisse and the United Overseas Bank S$700,000 and S$900,000, respectively, for anti-money laundering violations in connection with the ongoing investigation into Malaysia’s embattled investment fund 1MDB.

30 May 2017