The MAS will support financial institutions that establish global or regional cybersecurity centres in Singapore, or run key cybersecurity functions from the city to develop local capabilities.
The outcome of B2C2 v. Quoine could inform regulators’ considerations on the next set of rules for crypto exchanges, which in time may provide greater clarity for investors.
A new report by Singapore's AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.
The MAS financial stability review says asset quality is improving despite loan growth, and banks continue to maintain healthy provisioning and liquid assets "well above regulatory requirements".
The regulatory approval allows CapBridge to operate a private securities exchange, called '1exchange', where investors can buy and sell securities issued by private companies.
The Association of Banks in Singapore has published a report detailing the core design decisions, achievements, challenges and lessons from the recently-shelved KYC utility project.
Penalties are being raised for AML/CTF offences and failures to file suspicious transaction reports, while Singapore also expands on its arrangements with foreign FIUs.
SGX 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.
The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.
The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.