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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, October 24, 2026

CTF

wirecard-scandal-swiss-life-fined-sg200000-us149000-for-anti-money-laundering-and-counter-terrorist-financing-breaches
Wirecard Scandal: Swiss Life fined SG$200,000 (US$149,000) for inadequate AML laundering and CTF controls
June 22 2023
The Monetary Authority of Singapore fined Swiss Life and three banks for inadequate anti-money laundering and counter-terrorist financing controls, but found no evidence of willful misconduct.
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.