Singapore

Capital Adequacy

MAS Relaxes Capital Rules, Defers Policy Implementation

By Editors | 07/04/2020

MAS has adjusted banks’ capital and liquidity requirements to help sustain their lending activities, while also deferring a host of regulatory initiatives until further notice.

Structural Regulation

In-Depth: Making Sense of Digital Bank Policy

By Jamie Lloyd Evans | 07/04/2020

Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.

Fraud, Scams & Cybercrime

Singapore: Suspect Arrested in Covid-19 Money Laundering Case

By Editors | 06/04/2020

Quick intervention by seven banks allowed enabled the recovery of more than 60% of the amount scammed in the fraudulent sale of surgical masks and hand sanitisers.

Credit Risk

Singapore Govt to Increase Risk Share on SME Loans

By Editors | 06/04/2020

The government will increase its risk share of loans made under existing loan financing schemes from 80% to 90%, for loans initiated from 8 Apr until 31 Mar 2021.

Market Data & Technology

Bursa Malaysia Implements ISO 20022 for Corporate Announcements

By Editors | 01/04/2020

The messaging standard will transform the corporate announcements flow in Malaysia, favour interoperability with other marketplaces, and foster innovation.

Structural Regulation

MAS, ACRA, SGX RegCo Update Guidance on Meeting Conduct

By Editors | 01/04/2020

Guidance is provided on holding general meetings in light of the current 10-person limit on attendance of any event in Singapore.

Liquidity Risk

MAS Unveils Debt Relief Measures for Individuals, SMEs

By Editors | 31/03/2020

Mortgage loans and SME term loans can be deferred. Credit card balances can be converted to low-cost term loans. Insurance payments can be deferred or rescheduled.

Emerging Prudential Risks

MAS Eases SGD Policy Amid Negative Growth Expectations

By Editors | 30/03/2020

MAS projects the ongoing wave of Covid-19 outbreaks will continue to dampen global growth beyond the first half of the year.

Market Abuse

Singapore: Four Individuals Charged for Illegal Trading

By Editors | 26/03/2020

An investor used share financing facilities from two banks and third-party trading accounts procured by three brokers to manipulate the price of Sky One Holdings shares.