MAS Withdraws BSI’s Merchant Bank Licence, Yeo Jiawei Charged with Money Laundering
By EsqSocial Corporation 20/06/16
On 24 May 2016, the Monetary Authority of Singapore (MAS) announced that it had served on BSI Bank Limited (BSI) a notice of intention to withdraw its status as a merchant bank in Singapore and will impose financial penalties of SGD 13.3 million for...
By: Allen & Overy LLP