Monetary Authority of Singapore

Structural Regulation

MAS Issues Retail Derivative, OTC Licensing Consultations

By Editors | 01/06/2017

MAS (the Monetary Authority of Singapore) issued a consultation paper on the regulatory framework for unlisted derivatives offered to retail […]

Anti-Money Laundering

MAS Closes Book on 1MDB

By Editors | 01/06/2017

Authority issues final fines against Credit Suisse, UOB; bans former employees of now-defunct private banks.

Anti-Money Laundering

HK Regulator, Police, Banks Set up Financial Crime Taskforce

By Editors | 28/05/2017

12-month pilot to work on ‘detection, prevention and disruption’; HKMA also joins Financial Security Expert Alliance with PBOC, Macau central bank.

Trading & Investment

APAC Regulators Welcome Global FX Code

By Samuel Riding | 25/05/2017

Regulators from Australia, Hong Kong, India, Korea and Singapore say they will ‘promote adherence’.

Emerging Prudential Risks

China’s Absence from FSB Shadow Banking Data

By JP Reimann | 14/05/2017

Domestic authorities’ actions, relative isolation of currency insulate global financial system from China risk.

Resolution & Recovery

Singapore Government Introduces New RRP Regime

By Samuel Riding | 09/05/2017

Bill extends MAS powers over financial institutions in distress and their counterparties.

Anti-Money Laundering

MAS, Singapore Police Set up AML/CTF Partnership

By Samuel Riding | 25/04/2017

Group including 8 Singapore banks will ‘enhance detection and mitigation of transnational risks’.

AI Risk & Governance

MAS Chief Cites Technology as Top Regulatory Priority

By Samuel Riding | 24/04/2017

Ravi Menon cites banks exit from some market segments, but says costs not sufficient reason for regulatory rollback.

Cloud & Infrastructure

Hong Kong Pitches for Regtech Leadership

By JP Reimann | 13/04/2017

Regulators encourage mutual support and cooperation as industry players eye billions in cost savings.