Standard Chartered has come under regulatory scrutiny from the Monetary Authority of Singapore (MAS) and Guernsey’s Financial Services Commission for the role that the British bank’s staff played in transferring US$1.4 billion of private banking client assets from Guernsey to Singapore in 2015, according to media reports. The regulators are investigating Standard Chartered after the bank carried out an inquiry…
Have a confidential tip? Get in touch [email protected]