Singapore

KYC & CDD

MAS Moves to Speed Up Private Bank Onboarding Processes

By Nithya Subramanian | 26/05/2026

New guidance on source of wealth checks aims to cut client onboarding times while maintaining robust anti-money laundering controls.

Structural Regulation

SGX RegCo Sets Three-Year Limit for Suspended Issuers

By Nithya Subramanian | 26/05/2026

SGX RegCo will delist suspended companies that fail to resolve underlying issues and resume trading within a three-year timeframe.

Credit Risk

MAS Finalises Overhaul of Large Exposure Rules for Merchant Banks

By Nithya Subramanian | 25/05/2026

New rules lower the exposure limit, expand its scope, and align the framework with international standards, effective from June 2027.

AI Risk & Governance

AI Governance and Trust Emerge as Key Differentiators for Financial Hubs

By Manesh Samtani | 25/05/2026

New DBS report measures the ability of 15 financial centres to make their AI capabilities "trusted, scalable, and internationally recognised".

Market Abuse

Two Individuals Convicted for Offences under SFA, says MAS

By Nithya Subramanian | 25/05/2026

A former OCBC Securities representative was imprisoned for abetting a false trading scheme, while a manager linked to Sasseur REIT was fined for insider dealing.

Sustainable Finance

Singapore, World Bank Launch Programme to Bolster Carbon Markets

By Editors | 25/05/2026

The new initiative aims to build technical capacity and digital infrastructure to help developing nations participate in high-integrity carbon trading.

Fraud, Scams & Cybercrime

Singapore Police Crackdown Seizes $161m in Global Anti-Scam Push

By Nithya Subramanian | 25/05/2026

An operation involving 10 jurisdictions has resulted in over 3,000 arrests and highlights growing cross-border law enforcement collaboration against financial crime.

Sustainable Finance

Cathay United Bank Joins MAS-Backed Green Investment Partnership

By Sanday Chongo Kabange | 25/05/2026

Cathay United is the first bank from Taiwan to join the blended finance platform, which aims to fund sustainable infrastructure in Asia and is expected to reach USD 800 million.

AI Risk & Governance

StanChart Faces Regulator Scrutiny in Asia Over CEO’s AI Job Cut Remarks

By Sanday Chongo Kabange | 25/05/2026

Regulators in Hong Kong and Singapore have questioned Standard Chartered over its CEO’s comments on replacing staff with artificial intelligence.