Wirecard Faces Expanded Investigation by Singapore Authorities
- MAS is working with accounting regulator and police on probe
- Singapore is home to Asia operations of German payments firm
The Monetary Authority of Singapore headquarters in Singapore.
Photographer: Ore Huiying/BloombergThis article is for subscribers only.
Singapore’s financial regulators are working with local police to scrutinize aspects of the case surrounding Wirecard AG, the scandal-ridden German payments company.
The Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority are collaborating with the Singapore Police Force’s Commercial Affairs Department, which already has an ongoing criminal investigation into Wirecard, the MAS said in a statement late Monday.