Swiss Re contributed to the creation of the toolkit, which is being introduced to help facilitate the appropriate use of artificial intelligence in the financial sector.
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.
The Monetary Authority of Singapore (MAS) has issued a five-year prohibition order against six former agents of Great Eastern Financial Advisers, who were convicted for tax evasion offences. The six were...
