SUBSCRIBERS

MAS takes supervisory action against bank

Published Fri, Apr 11, 2014 · 10:00 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

THE Monetary Authority of Singapore (MAS) has taken supervisory actions against Standard Chartered Bank over the theft of bank statements belonging to some private-banking clients.

MAS said yesterday that it has done so over the theft, which occurred at a third-party service provider.

Copyright SPH Media. All rights reserved.