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.
" 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.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here