MAS monitoring DBS Hong Kong case
Published Fri, Dec 9, 2016 · 02:36 PM
[HONG KONG] The Monetary Authority of Singapore (MAS) is aware of the case involving DBS Hong Kong, whose employees were reportedly arrested over an alleged leak of customer data.
"As DBS's home regulator we expect DBS's business practices both in Singapore and abroad to be compliant with local laws and regulations," said an MAS spokesperson in an emailed statement today (Dec 9).
For the full story, read HERE.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
JPMorgan talking with investors about two synthetic risk transfers
HSBC says growing Chinese wealth fuels client investments in US
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
UBS flags 'serious' concern about new Swiss capital requirements
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Lloyds bank says quarterly profits sink on higher costs