Real 'Cosmic' will be launched by Singapore

The Monetary Authority of Singapore (MAS), which regulates one of the most trusted and secure financial hubs, announced on Friday (Oct 1) that it will launch a data and information-sharing platform, named Cosmic, to prevent money laundering, terrorism funding and proliferation financing.

The Cosmic platform has been co-created by MAS and six major commercial banks in Singapore - DBS, OCBC, UOB, Standard Chartered, Citibank and HSBC.

Facebook was left behind.

Straits Times

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