Monetary Authority of Singapore

Canadian Bank Deploys AxiomSL Platform in Singapore, HK

By Samuel Riding | 07/02/2017

AxiomSL, the provider of regulatory reporting and risk management solutions, announced a leading Canadian bank has successfully completed the first […]

Singapore Trusts to Adopt IFRS-like Framework

By Samuel Riding | 20/01/2017

Collective investment schemes will continue to prepare statements as per ISCA recommendations.

Capital / Liquidity

Singapore Banks Launch Unsecured Debt Schemes

By Samuel Riding | 18/01/2017

MAS is reducing unsecured borrowing limit to 12x monthly income by 2019.

Market Infrastructure

MAS Publishes Updated Fintech Sandbox Guidelines

By Samuel Riding | 06/01/2017

Updates include simplified application requirements, evaluation criteria; clarify when sandbox will no longer apply.

AML / KYC

Former Falcon Manager in Court on 1MDB Charges

By Samuel Riding | 06/01/2017

Jens Sturzenegger the first foreigner to be prosecuted in relation to the affair.

Singapore – 2016 in Review

By Samuel Riding | 22/12/2016

MAS gained power as it sought to bolster Singapore’s reputation as a financial centre.

Market Infrastructure

MAS Proposes Short-selling Disclosure Rules

By Samuel Riding | 16/12/2016

Some trades to be reported to exchange, others to the regulator itself.

MAS Bids to Raise Adviser Standards

By Samuel Riding | 14/12/2016

Proposals include ethics and skills components, more customised examination models.

20 ‘HK DBS Staff’ Arrested in Data Leak Investigation

By Samuel Riding | 12/12/2016

Staff alleged to have bribed managers to obtain customer data and sell high-interest loans.