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April Regulatory Round-up: MAS fines J. Safra Sarasin for AML breaches; HKMA praises banks on AML info sharing; Absence of wealth tax in SG is key draw for U/HNWIs

In this round-up: MAS fines Swiss pure play for AML breaches; HKMA praises banks for sharing AML info and holding the fort amid uncertainties; Launch of Singapore Funds Industry Group; Absence of wealth tax is key to keeping U/HNWIs in Singapore MAS fines Swiss pure play for AML breaches MAS has fined the Singapore branch of Bank J. Safra Sarasin…

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