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Structural Regulation
SGX-listed Companies Score High in Corporate Governance Study
By Ranamita Chakraborty | 03/08/2023
A recent study assessed the corporate governance practices of Singapore-listed companies, covering board responsibilities, rights of shareholders, engagement of stakeholders, accountability and audit, and disclosure and transparency.

AI Risk & Governance
MAS Says Risk of ‘Herding’ from AI Use is Low
By Editors | 02/08/2023
MAS chairman Lawrence Wong addressed queries on the impact of AI on trading platforms in financial markets.

Anti-Money Laundering
MAS Proposes Framework for SFOs to Boost AML Measures
By Ranamita Chakraborty | 01/08/2023
The revised framework introduces a harmonised class exemption for single family offices (SFOs) with specific requirements to ensure that all SFOs are subject to anti-money laundering (AML) controls.

Structural Regulation
India to Allow Overseas Listings by Domestic Firms, Starting in GIFT City
By Editors | 31/07/2023
India will permit companies to list directly on GIFT City exchanges, and later, in other specified overseas jurisdictions.

Payments & Settlements
MAS Targets End to Corporate Cheques by 2025
By Editors | 31/07/2023
Singapore to eliminate corporate cheques by 2025 and transition users to e-payment solutions, amid rising cheque processing costs.

Reporting & Disclosures
UK, Singapore Strengthen Cooperation in Sustainable Finance
By Ranamita Chakraborty | 28/07/2023
In a recent financial dialogue, both countries agreed to support the International Sustainability Standards Board in implementing sustainability reporting standards.

Stablecoins
Singapore High Court Recognises Crypto as Personal Property
By Ranamita Chakraborty | 27/07/2023
The court ruled that holders of crypto assets have legally enforceable property rights under common law, marking a significant milestone in crypto case law globally.

Conduct, Culture & Accountability
Publicly Traded Companies Globally Fall Short in Codes of Conduct: Study
By Ranamita Chakraborty | 27/07/2023
LRN’s study on 200 top-traded companies in Asia, Europe and North America found that only 17 percent of them had highly effective codes of conduct.

Fraud, Scams & Cybercrime
Singapore Police Issues Advisory on Investment Scams
By Editors | 20/07/2023
The Singapore Police Force said 498 victims lost at least S$25.5mn through investment scams since June.

Fraud, Scams & Cybercrime
MAS Issues Five Year Ban on Former Prudential Representative
By Editors | 20/07/2023
The former representative edited and submitted 11 false invoices to Prudential and deceived the company into making payouts to her clients.
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