SINGAPORE

Fintech / Regtech

MAS Issues Guidelines on Provision of Robo-Advisory Services

By Editors | 09/10/2018

Guidelines allow digital advisers to pass client orders to brokerage firms for execution without the need for an additional capital markets services licence.

Market Infrastructure

Hong Kong, Singapore Gear Up Reform in Asset Management Sector

By Manesh Samtani | 04/10/2018

Remi Toucheboeuf at BNP Paribas Securities Services sat down with Regulation Asia to talk about new opportunities for fund managers in Hong Kong and Singapore.

Market Infrastructure

MAS Cyber Security Panel Highlights Risks from Emerging Tech

By Manesh Samtani | 03/10/2018

Cybersecurity experts on the panel discussed the growing adoption by financial institutions of new technologies such as cloud services and open APIs.

Market Infrastructure

Singapore Passes Bill Enabling New VCC Fund Structure

By Manesh Samtani | 03/10/2018

The Variable Capital Company structure is aimed at boosting Singapore’s status as an full-service international fund management centre.

Market Infrastructure

MAS Goes Live with Reporting Requirement for OTC Commodity, Equity Trades

By Manesh Samtani | 02/10/2018

Firms must report OTC derivatives transactions in commodities and equities to a licensed trade repository; DTCC welcomes the MAS’ move to improve transparency and reduce risk.

Market Infrastructure

MAS Publishes User Protection Guidelines for E-Payments

By Manesh Samtani | 01/10/2018

The guidelines establish a common baseline protection from losses arising from isolated unauthorised or erroneous electronic payment transactions.

Securities / Derivatives

US SEC Cautions Against Governance Risks from Dual Class Shares – Report

By Manesh Samtani | 26/09/2018

SEC commissioner Robert Jackson Jr reportedly urged Singapore and Hong Kong to maintain close oversight over companies with dual class share structures to mitigate against corporate governance risks.

Enforcement

MAS Publishes Monograph Detailing Enforcement Approach

By Manesh Samtani | 25/09/2018

Monograph outlines how MAS manages enforcement work in three areas: detection, investigations and in taking enforcement action.

Securities / Derivatives

SGX Proposes New “Trade at Close” Session for Securities Market

By Editors | 24/09/2018

New five-minute trading session will allow participants to execute fixed-price orders at the closing auction price; consultation open until 11 October.