Singapore
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239Singapore Toughens Penalties for AML/CTF Offences
Manesh Samtani, Regulation Asia November 21, 2018Penalties are being raised for AML/CTF offences and failures to file suspicious transaction reports, while Singapore also expands on its arrangements with foreign FIUs.
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423What SGX Expects of Listed Companies Conducting an ICO
Boon Gin Tan, SGX RegCo November 20, 2018SGX RegCo chief Boon Gin Tan offers clarity around the regulatory obligations of listed companies that may choose to offer ICOs as a way to finance business growth.
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265MAS, Central Banks Explore Alternative Models for Cross-Border Payments
Manesh Samtani, Regulation Asia November 20, 2018The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.
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255MAS Payment Services Bill Finalised, Tabled in Parliament
Manesh Samtani, Regulation Asia November 19, 2018The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.
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258Singapore, UK Sign MoU on Fintech Collaboration
Editors, Regulation Asia November 19, 2018The agreement builds on the existing fintech bridge between the UK and Singapore and intends to foster closer ties on fintech industry initiatives.
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345
Singapore Banking Body Publishes Cybersecurity Assessment Guidelines
Editors, Regulation Asia November 16, 2018The guidelines provide financial institutions with best practices and guidance on planning and conducting Red Teaming exercises to enhance security testing.
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389India’s Modi Launches Online Marketplace for Fintech Services
Editors, Regulation Asia November 16, 2018India's Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.
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314Singapore’s UOB Completes Cross-Border P2P Payments in Real Time
Editors, Regulation Asia November 16, 2018In a demo at Singapore FinTech Festival, multiple funds transfers were conducted between a UOB Singapore account and a UOB Thailand account in real time via the bank's mobile app.
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264FSB Issues Progress Report on Interest Rate Benchmark Reform
Manesh Samtani, Regulation Asia November 15, 2018The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.
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232SGX to Distribute China Interbank Bond Indices to International Investors
Garima Chitkara, Regulation Asia November 15, 2018The agreement to distribute CFETS-BOC bond indices outside of China is just one among four agreements signed between China and Singapore this week.
