ADVERTISEMENT
Singapore Launches New Family Office Network, GFO Circle
By Editors | 27/10/2021
The GFO Circle is a “one-of-a-kind” public-private partnership to bring the family office industry together, said MAS executive director Ms Thong Leng Yeng.
Market Infrastructure
MAS Consults on Revisions to BCM Guidelines
By Manesh Samtani | 23/10/2021
The guidelines emphasise the need for FIs to take an end-to-end view in ensuring the continuous delivery of critical business services and functions.
Enforcement
MAS Proposes to Improve Fairness of Appeals Process
By Manesh Samtani | 21/10/2021
Proposed changes to the Appeals Regulations would allow appellants to review MAS’ reasons for a decision before filing their petition for appeal.
MAS Tightens Monetary Policy Amid Inflation Concerns
By Editors | 14/10/2021
MAS will slightly raise the slope of the S$NEER policy band to ensure medium term price stability while recognising the risks to the economic recovery.
AML / KYC
Singapore: Exemptions for Foreign Offices of FIs Take Effect
By Editors | 10/10/2021
Under the new ‘Branch Framework’, Singapore FIs have to assess whether their overseas representatives are acting on behalf of the Singapore office or the foreign office.
Fintech / Regtech
BIS Partners with MAS, BOE, ISDA on Data & Analytics Platform
By Manesh Samtani | 07/10/2021
Project Ellipse explores the use of ISDA’s Common Domain Model to digitally extract, query and analyse large quantities of data in real-time for supervisory purposes.
AML / KYC
MAS Examining Asiaciti Trust Revelations in Pandora Papers
By Editors | 06/10/2021
The Pandora Papers show that Singapore firm Asiaciti Trust had helped politicians and public officials set up trusts and shell companies in secrecy jurisdictions.
ESG / Sustainability
Singapore Established Green Bonds Programme Office
By Manesh Samtani | 03/10/2021
The new office, under the Ministry of Finance, will help to catalyse sustainable finance and green investments, said minister Lawrence Wong.
AML / KYC
MAS to Deploy Information Sharing Platform for AML/CFT
By Manesh Samtani | 03/10/2021
The COSMIC platform will be developed and deployed in phases. The initial participants are DBS, OCBC, UOB, StanChart, Citibank and HSBC.
Crypto / Digital Assets
MAS Grants Two New Licences to Provide DPT Services
By Editors | 02/10/2021
DBS Vickers and Independent Reserve have received authorisation under the PSA to provide digital payment token services.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team