News Formal

Investment management firm handed S$1.9 million penalty for breaching anti-money laundering requirements

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Monetary Authority Of Singapore 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SINGAPORE: Fund manager Atrium Asia Investment Management has been handed a S$1.9 million (US$1.4 million) penalty over multiple breaches of requirements that safeguard against money laundering and terrorism financing.

A view of the Monetary Authority of Singapore's headquarters in Singapore on Jun 28, 2017. SINGAPORE: Fund manager Atrium Asia Investment Management has been handed a S$1.9 million penalty over multiple breaches of requirements that safeguard against money laundering and terrorism financing.

A reprimand has also been issued to the company's CEO Mintarja Oei for failing to ensure its compliance with the requirements. The firm's key breaches"are attributable to Mr Oei", MAS said. The firm also did not properly assess the money laundering or terrorism financing risks posed by its customers, nor did it implement appropriate risk mitigation measures to address tax-related money laundering risks, MAS said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Retail investors lose life savings as record defaults hit China’s $1 trillion local debt marketRetail investors struggle to get repaid despite state support.
출처: The Straits Times - 🏆 8. / 63 더 많은 것을 읽으십시오 »