Singapore

Market Infrastructure

MAS Extends Deadline to Implement E-payments User Protection Guidelines

By Editors | 01/02/2019

The MAS is allowing an extra six months for compliance with its e-payments user protection guidelines, following requests from banks for more time to implement system changes.

Market Infrastructure

SGX Lowers Messaging Costs for Market Participants

By Editors | 17/01/2019

SGX’s adoption of SWIFT’s CSD Community Offering for financial messaging is expected to reduce messaging costs by 50% for smaller market participants.

Market Infrastructure

Singapore Parliament Passes Payment Services Act

By Editors | 15/01/2019

The law represents a framework to streamline payment services regulation in Singapore under a single legislation and bring payment activities under the remit of the MAS.

Securities / Derivatives

Singapore, Philippine Bourses Collaborate on Equity Derivatives

By Editors | 15/01/2019

The SGX and PSE are working on developing new equity index derivatives for listing in the Philippines to offer a more diverse product line to international investors.

Securities / Derivatives

MAS Announces Grant to Support Stock Listings, Equity Research

By Editors | 15/01/2019

The Grant for Equity Market Singapore, or GEMS, will launch in February, offering funding to facilitate SGX listings and develop the local equity research ecosystem.

Fintech / Regtech

Singapore Banking Union Opens to Broader Financial Industry

By Editors | 14/01/2019

The newly renamed Banking and Financial Services Union aims to help professionals stay relevant and competitive amid technological advancement and industry changes.

Fintech / Regtech

Regulatory Reporting Pressure in APAC: A 2019 View

By Wouter Delbaere | 09/01/2019

In the year ahead, banks will have to focus on seamless data integration and regtech adoption to cope with increasingly complex regulatory reporting requirements, says Wolters Kluwer’s Wouter Delbaere.

Market Infrastructure

LSEG Technology Announces New Post-Trade Functionality at SGX

By Editors | 24/12/2018

The new settlement and depository system enables SGX and market participants to align to global market practices, messaging standardisation and T+2 settlement.

AML / KYC

MAS Extends Prohibition Against Goldman’s Leissner to Lifetime Ban

By Editors | 20/12/2018

The March 2017 prohibition order barring former banker Tim Leissner for 10 years was based on limited information; US DOJ charges provided evidence of his involvement in 1MDB fund flows.