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Fraud, Scams & Cybercrime
105 More Charges Laid Against Hin Leong Founder
By Editors | 27/06/2021
Lim Oon Kuin now faces a total of 130 charges, including 68 for cheating, 47 for abetment of forgery, and 14 for abetment for forgery for the purpose of cheating.
Conduct, Culture & Accountability
MAS Extends Financial Sector Training Support Measures
By Editors | 27/06/2021
The extensions will help Singaporeans continue to acquire in-demand skills and encourage FIs and fintechs to retain and upgrade staff capabilities.
Trading & Investment
MAS Authorises Sandbox Graduate HGX as Market Operator
By Ranamita Chakraborty | 25/06/2021
The HGX member-driven private securities exchange formed out of an alliance between Fundnel, PhillipCapital, PrimePartners and Zilliqa.
Conduct, Culture & Accountability
SGX RegCo Set to Expand Enforcement Powers
By Manesh Samtani | 25/06/2021
From 1 August, SGX RegCo will be able to issue public reprimands, require issuers to comply with specified conditions, and demand director resignations.
Credit Risk
MAS Announces ‘Final’ Extension of Credit Relief Measures
By Editors | 24/06/2021
MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.
Cloud & Infrastructure
SFA Forms ‘Club’ to Drive Fintech Community Development
By Ranamita Chakraborty | 24/06/2021
SG FinTech Club will enable fintech professionals to make deeper connections with industry peers, upskill and access growth opportunities.
Tokenisation
DBS Launches Automated Digital Bond Issuance Platform
By Editors | 23/06/2021
FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.
Conduct, Culture & Accountability
Financial Advice Standards Have Improved, MAS Finds
By Manesh Samtani | 22/06/2021
Financial advisers have enhanced their standards and raised the quality of advice provided to customers, MAS found in a mystery shopping exercise.
Trading & Investment
DBS Becomes First Asian Bank to Obtain LME Membership
By Editors | 22/06/2021
DBS says its LME membership will help clients price and hedge metals trades effectively, and facilitate physical delivery.
Payments & Settlements
MAS to Migrate MEPS+ to ISO 20022 in June 2022
By Manesh Samtani | 21/06/2021
MAS is adopting a two-phased approach to migrate to ISO 20022, beginning with payments on MEPS+ in June 2022.
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