MONETARY AUTHORITY OF SINGAPORE

    AML / KYC

    Standard Chartered Guernsey-Singapore Transfers Under Investigation

    By Editors | 09/10/2017

    Authorities suggest bank may have conducted $1.4bn of transfers to Singapore to avoid being caught under Common Reporting Standard.

    Capital / Liquidity

    Hong Kong Belatedly Joins Singapore in Pushing Back IRRBB

    By Editors | 28/09/2017

    Implementation delayed by a year as firms say they might not have met original deadline due to having to make substantial changes to reporting systems.

    Fintech / Regtech

    ASEAN Fintechs, Banks Set up Pan-regional Sandbox to Boost Financial Inclusion

    By Samuel Riding | 21/09/2017

    Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.

    Fintech / Regtech

    MAS Creates Advisory Panel on Cybersecurity

    By Editors | 21/09/2017

    Panel on cybersecurity and resilience includes representatives from Accenture, JPMorgan, London Stock Exchange, PwC and Standard Chartered Bank.

    Market Infrastructure

    SGX Regulatory Subsidiary Ready to Start Operations

    By Editors | 12/09/2017

    SGX RegCo will begin operations on Friday (12 September) with three new board members joining Tan Cheng Han and Tan Boon Gin at the helm.

    Capital / Liquidity

    Don’t Expect New EU Equivalency Decisions for Asia

    By Samuel Riding | 07/09/2017

    Ben Pott, head of government affairs at NEX Group, suggests Brexit and the time taken to resolve US-EU CCP issue, make equivalency rulings unlikely.

    AML / KYC

    China Joins Stampede to Regulate ICOs

    By Samuel Riding | 31/08/2017

    Regulators to introduce rules on ICOs/ITOs which raised nearly $400mn in 1st half of 2017; follows moves by the US and Singapore in July.

    HKEX Risks Tech Firms’ Disfavour

    By Peter Guy | 28/08/2017

    HKEX needs to develop regulations and boards to accommodate the entire chain of technology from start-ups to unicorns.

    Capital / Liquidity

    Singapore Regulator Issues Resolution Regime

    By Samuel Riding | 24/08/2017

    Resolution regime includes four stage assessment criteria for financial institutions, emphasises private sector role; to be operationalised ‘in due course’.

    Securities / Derivatives

    Singapore Brings ICO’s Within Regulatory Ambit

    By Garima Chitkara | 02/08/2017

    Singapore regulator announces intention to regulate ICO’s that share characteristics of debt or equity securities.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team