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Singapore’s central bank fines Credit Suisse, UOB over 1MDB-linked transactions

SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it had fined Credit Suisse and United Overseas Bank (UOB) a total of S$1.6 million ($1.15 million) for breaches of anti-money laundering rules for transactions related to Malaysia’s scandal-ridden state fund 1MDB.

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