SINGAPORE

Capital / Liquidity

MAS to Expand Range of Eligible Collateral to Include Commodities for IRB Banks

By Editors | 21/12/2017

Banks using internal ratings for credit risk under Basel guidelines will be allowed to have commodities as physical collateral.

AML / KYC

Singapore Issues 7th, 8th Bans Related to 1MDB Probe

By Editors | 20/12/2017

Yeo Jiawei, a former BSI wealth manager, gets lifetime ban to add to his convictions for 1MDB related money laundering, cheating and witness tampering.

Market Infrastructure

Japan, Singapore Developing Cross-border DLT Trade Prototype

By Editors | 07/12/2017

Mitsubishi UFJ- NTT DATA  distributed ledger expected to make cross-border flows more secure through single, unified platform.

Market Infrastructure

Singapore Releases SIBOR Benchmark Reform Proposals

By Garima Chitkara | 07/12/2017

Consultation is based on IOSCO principles, FSB recommendations, comes four years after 20 banks disciplined for benchmark manipulation.

Capital / Liquidity

MAS Warns of ‘Medium-term’ Cross-border Financial Stability Risks

By Editors | 04/12/2017

Annual report into stability of financial system says domestic and regional lending improving, no signs of credit market overheating.

Market Infrastructure

SGX Revamping Securities Settlement Processes

By Editors | 30/11/2017

Exchange consultation proposes move to T+2 settlement, simultaneous securities, money settlement in bid to prevent systemic risk.

AML / KYC

Singapore, Abu Dhabi to Cooperate on Banking Supervision, Markets, Fintech

By Editors | 27/11/2017

Middle Eastern regulator has already approved one Singapore firm to provide credit services; Singapore firm won Fintech challenge.

AML / KYC

MAS MD Sets out Fintech Regulation Agenda

By Editors | 16/11/2017

Ravi Menon sets out raft of initiatives including new Payment Services Bill, technology risk management guidelines, machine readable forms.