Singapore’s Monetary Authority (MAS) is set to inspect Credit Suisse’s local branch over concerns regarding their handling of wealthy clients’ monitoring, following a money laundering charge against one of their customers. This comes as part of a wider investigation into financial institutions with ties to the case. Singapore authorities will conduct on-site inspections, including document reviews and interviews with bank personnel in the coming weeks. Credit Suisse has refrained from commenting on this development. In August, Singapore police arrested 10 foreigners in connection to a major suspected money laundering case, seizing assets worth $2 billion.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}