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Ravi Menon: MAS has started “restoring” Singapore’s reputation post-1MDB

MAS’ managing director, Ravi Menon, says Singapore is showing signs of resilience after an investigation uncovered numerous breaches of anti-money laundering (AML) controls in the city-state, which “made a dent” in its reputation as a clean and trusted financial hub. Advertisement “I believe we have begun the process of restoring that reputation,” Menon said in a speech yesterday, discussing MAS’…

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