Singapore
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MAS Issues Capital Adequacy Consultation
Revised Notice 637 on banks’ capital requirements set to bring Singapore in line with Basel III, starting from January next […]
July 26, 2017 -
Singapore Regtechs Innovate New KYC Methods
Regtech firms Silent Eight and Black Swan technologies emerge from OCBC’s Open Vault to cut KYC processes from up to […]
July 24, 2017 -
NSFR Pushes Singapore Banks to Prioritise Long-term Funding
NSFR requires locally-based D-SIBS to have customer deposits, long-term wholesale funding and equity sufficient to cover extended period of market stress.
July 20, 2017 -
Singapore Market Infrastructure Regime Gains CPMI/IOSCO Approval
Peer review finds MAS meets all but one of 24 principles designed to shore up systemically important market infrastructure including central counterparties.
July 19, 2017 -
Singapore Banker Gets 2nd Conviction for 1MDB-related Offences
Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering...
July 13, 2017 -
MAS Takes Next Step Towards Increased Powers
Bill would allow regulator to compel firms to prepare recovery plans, enforce mandatory bail-ins for failing institutions.
July 6, 2017 -
Fintech Innovation vs. Regulation
Hong Kong needs to beware as Australia and Singapore regulators issue game-changing initiatives.
July 3, 2017 -
Updated – Singapore to Delay FRTB, IRRBB, SA-CCR
Updated 29 June 2017: Adds bank comment, delays to IRRBB and SA-CCR Updated 26 June 2017: Adds details of HKMA […]
June 29, 2017 -
Singapore to Permit Bank Acquisitions of Fintech Companies
Revised comingling rules would allow lenders to invest up to 10% of capital funds in non-financial businesses.
June 26, 2017 -
Prohibition Orders in Singapore: An Introduction
POs are increasingly being used to ensure integrity in Singapore’s financial services industry.
June 22, 2017