Singapore

Liquidity Risk

DBS Announces Relief Measures for SME, Retail Clients

By Editors | 14/02/2020

Relief will be provided on SME property loans, import facilities and retail mortgage loans. The announcement comes after a DBS employee tested positive for Covid-19.

Cybersecurity

IMF, MAS Offer Guidance on Assessing Cyber Risk

By Manesh Samtani | 12/02/2020

A new IMF-MAS paper presents data sources and methods that can be used to analyse and assess cyber risk, illustrated with applications to Singapore.

Trading & Investment

SGX RegCo Enhances Market Surveillance with Artificial Intelligence

By Editors | 12/02/2020

The introduction of AI will help isolate unusual activity by learning from historical trading patterns and filtering out noise.

Capital Adequacy

Sea and Grab-Singtel “Leading Singapore Digital Bank Race”

By CorporateTreasurer | 12/02/2020

S&P Global Market Intelligence believes digital banking contenders Sea and the Grab-Singtel consortium are the most likely to gain coveted digital bank licences in Singapore.

Structural Regulation

Quarterly Reporting Required for 109 Companies: SGX

By Editors | 11/02/2020

94 companies required to use quarterly reporting are issuers with audit concerns, 6 have outstanding regulatory concerns, and 9 are named under both categories.

Payments & Settlements

DBS Completes First Fully Digital Trade Financing Settlement on NTP

By Editors | 10/02/2020

DBS was able to cut the trade financing processing time from about a week to under one working day, yielding greater operational efficiencies for trade partners.

Operational Risk

MAS Issues Advisory to FIs Amid Higher Coronavirus Alert Level

By Editors | 10/02/2020

MAS asks financial institutions to ensure business continuity and warns that cyber threat actors are taking advantage of the novel coronavirus situation to conduct email scams, phishing and ransomware attacks.

Structural Regulation

SGX to Allow Some Issuers to Delay AGM, Audited Results

By Editors | 10/02/2020

The extension is for issuers whose principal place of business or significant operations are in China, and whose audits have been affected by coronavirus-related measures.

Structural Regulation

SGX RegCo Offers Guidance as New Disclosure Rules Take Effect

By Editors | 07/02/2020

Listed companies should have robust and effective internal controls in place to assess material information requiring disclosure, says SGX RegCo chief Tan Boon Gin.