Singapore sanctions Russia
Singapore prohibits doing business, freezes assets of 4 Russian FIs
Singapore prohibits doing business, freezes assets of 4 Russian FIs
MAS has ordered all of their assets in Singapore to be frozen.
Singapore banks halt lending for Russian energy trades: report
DBS, OCBC, and UOB have reportedly stopped issuing letters of credit.
Singapore to block certain Russian banks, financial transactions
The government is also donating US$100,000 for Ukranians’ humanitarian needs.
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
