More than 80% of Singapore firms suffer financial crime: Report
Posted On: May. 29, 2019 6:36 AM CSTA report found that 82% of Singapore-based companies suffered financial crimes in the past 12 months driven by a "lax approach" to due-diligence checks when onboarding new suppliers and partners, The Business Times reported. The report by U.S.-based research firm Refinitiv found that 42% of Singapore companies experienced financial crime from their own employees.