Singapore's anti-money-laundering regime is sound, with banks having invested heavily in anti-fraud technology since the global financial crisis, according to DBS Group CEO Piyush Gupta. Although no system can be 100 per cent foolproof, added Gupta who manages the largest Asian banking groups with wholly-owned subsidiaries in India which, according to Gupta, could add SGD1.3 billion to SGD1.5 billion in the next three to five years to the group. "Looking for illicit actors and funds is like finding a needle in a haystack," the Straits Times quoted Gupta as saying on Thursday. Major banks such as United Overseas Bank, Standard…