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Fintech / Regtech
Singapore Director Pleads Guilty to Multi-Million Dollar AI Trading Scam
By Nithya Subramanian | 02/09/2025
Ong Kai Min has pleaded guilty to cheating investors in a bogus AI trading scheme that raised nearly SGD 4 million, with funds diverted for personal and business use instead of trading as promised.
Capital / Liquidity
MAS Proposes Overhaul of Liquidity Risk Rules for Banks
By Nithya Subramanian | 01/09/2025
The draft guidelines call for stronger governance, stress testing, contingency plans and early-warning systems to address fast-moving liquidity risks in the digital era.
AML / KYC
Southeast Asia Increasingly Shifting Scam Liability to Banks - Report
By Manesh Samtani | 01/09/2025
A new GASA report finds consumers in Southeast Asia lost an estimated USD 23.6 billion in the last year from scams.
Securities / Derivatives
China Grants First Approval to Foreign-Sponsored REIT
By Editors | 29/08/2025
The CSRC has approved Singapore-based CapitaLand Investment's retail REIT for a Shanghai listing, a first for a foreign firm.
ESG / Sustainability
Singapore Extends Climate Reporting Deadlines to Support Companies
By Nithya Subramanian | 26/08/2025
SGX RegCo and ACRA have set a phased approach to climate reporting, allowing smaller listed and large non-listed companies to adopt later timelines.
Capital / Liquidity
Singapore, Brunei sign MOU on Cross-border Collateral
By Nithya Subramanian | 18/08/2025
The agreement will let both central banks accept a wider range of collateral in their liquidity provisioning facilities, giving FIs more flexibility.
Securities / Derivatives
Singapore's MetaComp Executes FX Payment Using Carbon Stablecoin
By Editors | 14/08/2025
The MAS-licensed firm facilitated a same-day EUR to CNH payment using a stablecoin backed by certified carbon credits.
AML / KYC
Singapore Appoints Deloitte to Liquidate Assets in SG$3b Money Laundering Case
By Editors | 13/08/2025
The move follows the imposition of millions in penalties on financial institutions and a raft of new AML legislation.
Fintech / Regtech
APAC Regulators Issue Guide on Data Anonymisation
By Manesh Samtani | 12/08/2025
New framework from Asia Pacific Privacy Authorities aims to help firms use data for innovation while complying with regional privacy laws.
Crypto / Digital Assets
UK and Singapore Investment Bodies Join MAS’ Project Guardian
By Nithya Subramanian | 06/08/2025
UK’s IA and IMAS have are the first asset management trade bodies to join the global initiative to advance asset tokenisation and digital finance standards.
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