Singapore

AML / KYC

HK, Singapore, Japan Associations Launch APAC RegTech Network

By Manesh Samtani | 03/06/2019

The APAC RegTech Network seeks to enhance cross-border collaboration on regtech education and implementation across the region.

Capital / Liquidity

Singapore Banks Well Positioned for Final Basel III Rules

By Manesh Samtani | 02/06/2019

Moody’s says Singapore performs better than other banking systems in a high stress scenario. The new report also looks at banks’ digitisation push.

Capital / Liquidity

BCBS 239 – What Lies Ahead?

By Irene Liu | 27/05/2019

There is clear fatigue in the industry around BCBS 239 compliance, but the exercise has also enabled other capabilities, say PwC’s Irene Liu, David Yakowitz and Catherine Lee.

Crypto / Digital Assets

MAS Sandbox Admits SGX-Backed Digitised Securities Platform iSTOX

By Editors | 27/05/2019

From within the sandbox, iSTOX is currently onboarding the first batch of issuers and investors who will participate in issuance and trading of digitised securities starting in 4Q 2019.

Capital / Liquidity

Singapore Banks Still Analysing Data Gaps for MAS 610

By Editors | 24/05/2019

A Wolters Kluwer survey has revealed that 76% of Singapore banks are in the ‘data gap analysis’ stage in their preparation for MAS 610/1003.

Market Infrastructure

MAS, ABS Form Culture and Conduct Steering Group

By Garima Chitkara | 23/05/2019

The steering group will identify best practices, monitor trends and emerging issues, and collaborate on initiatives to promote strong culture and conduct.

Market Infrastructure

MAS Proposes Consolidated Regulation, Licensing for Merchant Banks

By Editors | 22/05/2019

MAS is consulting on proposals to consolidate regulation of merchant banks under the Banking Act, and to move them to a licensing regime.

Fintech / Regtech

Artificial Intelligence Holds “Immense Potential” for Risk Management – MAS

By Garima Chitkara | 16/05/2019

MAS is using artificial intelligence tools for risk detection and market surveillance, while also working to strengthen protections against cyber risk, data breaches and AI-based discrimination.

Market Infrastructure

SGX to Introduce 10-Minute ‘Trade at Close’ Session in June

By Editors | 16/05/2019

SGX will introduce a 10-minute ‘trade at close’ session starting from 3 June. The session will allow participants to execute orders at the closing price of a security.