Singapore tells banks to speed up account openings for wealthy clients
Regulator tries to strengthen city-state’s position as wealth hub after money-laundering cases lengthened wait times Reported by Owen Walker (Excerpt shared below. To read full report, go to: https://www.ft.com/content/07be8870-e7f8-4101-9f0a-56049e5ae16f?syn-25a6b1a6=1) Singapore’s financial regulator has called on private banks to make it easier for customers to set up accounts, as the city-state tries to strengthen its position […]