More than 70% of firms authorised to sell retail OTC derivatives said failing to meet requirements.
Singapore Exchange introduces reporting on ‘comply or explain’ basis.
Influential research center says reform should focus on ‘regulatory philosophy’ over next 2-3 years.
Infrastructure funds could capture some of the millions of dollars expected to repatriated.
11 central bank staff ask for different posts as finance ministry prepares criminal cases.
Board earmarks investment and staff to boost security after Bangladesh heist.
Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.
Vietnam’s NFSC and Korea’s FSC will also share data on regulatory activities and financial institutions.
Regulator says financial adviser breached ‘best interests duty’ in selling life risk insurance.
Regulator proposes six-month licensing exemption, modified organisational competence requirements.