The Monetary Authority of Singapore has announced that Standard Chartered's Singapore branch will be around US$3.65 million, for breaches of MAS' anti-money laundering requirements over Malaysia's state fund 1MDB-related transactions that passed through the bank accounts between the years 2010 and 2013. Photo: EPA

Ex-Goldman banker Leissner hit with 10-year Singapore ban after 1MDB probe

The move against Leissner is latest step by the Monetary Authority of Singapore to address the reputational damage caused by anti-money laundering lapses linked to 1MDB

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The Monetary Authority of Singapore has announced that Standard Chartered's Singapore branch will be around US$3.65 million, for breaches of MAS' anti-money laundering requirements over Malaysia's state fund 1MDB-related transactions that passed through the bank accounts between the years 2010 and 2013. Photo: EPA
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