Singapore

Structural Regulation

SGX Updates Rules for Life Sciences Listings

By Ranamita Chakraborty | 10/08/2023

Singapore Exchange has clarified that companies seeking a mainboard listing through the life sciences framework do not need to be revenue-generating.

Fraud, Scams & Cybercrime

OCBC Integrates Anti-Malware Feature in Mobile Banking App

By Manesh Samtani | 08/08/2023

OCBC’s digital banking app will now only work on mobile devices if their mobile apps are all downloaded from official app stores.

Cryptocurrency

MAS Grants Blockchain.com Major Payment Institution License

By Ranamita Chakraborty | 08/08/2023

Blockchain.com has become the twelfth cryptocurrency exchange in Singapore to be granted a crypto-dealing license, enabling it to provide services to accredited investors and institutions.

AI Risk & Governance

MAS Earmarks S$150m to Propel Innovation in Financial Sector

By Editors | 08/08/2023

MAS earmarked SGD 150 million for financial tech advancements, aiming to foster innovation and support the evolving fintech ecosystem.

Fraud, Scams & Cybercrime

Former Remisier Extradited from Spain to Face Fraud Charges in Singapore

By Mark Johnston | 04/08/2023

A former Maybank Kim Eng Securities remisier faces 52 charges for misappropriating SGD 13 million of client funds.

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.