Monetary Authority of Singapore

Thomson Reuters Launches TRAC to Combat Trade Based Money Laundering

By Samuel Riding | 11/10/2016

SINGAPORE / HONG KONG, 11 October, 2016 – Thomson Reuters announces today the launch of TRAC, its new anti-money laundering […]

AML / KYC

Updated – MAS Shuts Falcon Bank Singapore Operations

By Samuel Riding | 11/10/2016

Swiss regulator claims USD3.8bn of 1MDB money went via Falcon; MAS also fines DBS, UBS for control failures.

Uncategorised

Asia Regulations Hindering ETF Adoption

By Samuel Riding | 28/09/2016

Stringent rules make ‘speed to market’ slower than in other regions despite clear market appeal.

AML / KYC

Singapore has Strong AML, CTF Framework—FATF

By Samuel Riding | 28/09/2016

But assessment report warns of need to enhance supervision of all financial institutions.

DTCC Cuts GTR Rates for MAS-, ASIC-regulated Transactions

By Samuel Riding | 22/09/2016

New York/London/Hong Kong/Singapore (21 September) – DTCC (the Depository Trust & Clearing Corporation) will from 1 October reduce fees for […]

AML / KYC

Singapore Banks Required to Report Indonesia Amnesty Clients

By Samuel Riding | 16/09/2016

MAS says reporting does not necessarily mean a client will be investigated by the police.

Market Infrastructure

Singapore, Switzerland Sign Fintech Cooperation Pact

By Samuel Riding | 13/09/2016

Countries agree to coordinate on regulatory requirements and market for new fintech solutions

CME Granted Hong Kong CCP Status

By Samuel Riding | 08/09/2016

6 September, 2016 – CME Group announced that Chicago Mercantile Exchange Inc. has been granted authorization to provide OTC clearing […]

Market Infrastructure

SGX Creates Working Group after Outage

By Samuel Riding | 06/09/2016

Group will seek to increase resilience of the Singapore market.