MAS gained power as it sought to bolster Singapore’s reputation as a financial centre.
Recent events suggest not much has changed since the financial crisis, and a different approach is needed.
Exchange collapse shows officials’ inability to bring certainty.
Former remisier manipulated prices of stocks; traded CFDs on resulting market movements.
Exchange needs to improve six measures over the next 24 months, will contribute costs.
SGX to trial distributed ledger in fixed income trading, settlement.
Jurisdictions establish strategic framework for assisting start-up applications, authorisation.
US regulator alleges unknown traders gained $1.7mn from inside information, Straits Times reports.
Trustees would be required to report beneficial ownership details, maintain ‘proper accounting records’.
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