A new report from the GFMA and PwC says third-party providers could pose a challenge to banks’ core offerings if banks are not keeping pace with innovation.
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
A new ASIFMA paper provides policy recommendations for making China's capital markets easier to access and more attractive to foreign institutional investors.
The Singapore International Commercial Court has ruled that crypto exchange Quoine was liable for a “breach of contract and breach of trust” by reversing seven trades in April 2017.
“The sanctions send a strong and clear message to the market that we will not hesitate to hold errant sponsors accountable for their misconduct,” said SFC chief Ashley Alder.
While UK banks may not be fully ready to conduct business in EU jurisdictions, from a liquidity and capital point of view they appear well-positioned to weather a no-deal Brexit scenario.
ASX is consulting on new disaster recovery, business continuity and cyber resilience requirements for clearing and settlement participants.
In a recent speech, MAS managing director Ravi Menon shared his views on blockchain, common misconceptions and use-cases where the technology shows the most promise.
Private equity, venture capital and hedge fund managers are facing more stringent requirements to register a product with the Asset Management Association of China.
Institutions should start work immediately to ensure readiness for the Phase 5 implementation of margin reform in September 2020, says KPMG's Tom Jenkins.