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MAS in contact with foreign regulators on forex rigging probes

Published on Apr 10, 2014 7:06 PM
 
Singapore's central bank has been in contact with foreign regulators and stands ready to assist with investigations into foreign exchange rigging at several major banks. -- ST FILE PHOTO: NG SOR LUAN

Singapore's central bank has been in contact with foreign regulators and stands ready to assist with investigations into foreign exchange rigging at several major banks.

" We have been in touch with financial institutions, including Deutsche Bank, on these investigations," the Monetary Authority of Singapore said in a statement on Thursday.

"MAS is looking into all allegations of inappropriate behaviour."

MAS' statement came after a Wall Street Journal report said that Deutsche Bank had put a London-based currency saleswoman on leave last month for "inappropriate communication" with the MAS.

 
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