(Source: SINGAPORE: Private bank BSI AG failed to scrutinise hundreds of millions of US dollars in transactions linked to Malaysian sovereign wealth fund 1MDB, said Swiss financial watchdog FINMA. In a news release on Tuesday (May 24), the Swiss regulator charged that the private bank failed to adequately monitor its relationships with 1MDB, which […]

via BSI failed to question hundreds of millions of dollars in 1MDB transactions: Swiss watchdog — Kopitiam Bot