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SINGAPORE PRESS-Anti-money laundering not always priority in Asia: poll - Business Times
February 14, 2014 / 12:41 AM / 4 years ago

SINGAPORE PRESS-Anti-money laundering not always priority in Asia: poll - Business Times

Anti-money laundering (AML) measures - despite the rhetoric - among Asian banks, including those in Singapore, are not always a priority issue, a survey has found.

But Asian regulators are stepping up their game and expect board directors to take an active role in managing AML risks, so banks need to address the issue more urgently.

(link.reuters.com/veg86v)

NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Singapore Newsroom; Editing by Sunil Nair)

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