Singapore

Anti-Money Laundering

MAS Renews Call for Use of Data Analytics in AML/CFT Programmes

By Manesh Samtani | 09/04/2019

MAS has renewed calls for financial institutions to further develop their data analytics capabilities in the interest of improving the effectiveness of their AML/CFT programmes.

Conduct, Culture & Accountability

The Impact of Culture and Conduct – Industry’s Biggest Blind Spot

By Prasanna Venkatesan | 09/04/2019

Looking beyond regulations aimed at cultural reform, Synpulse’s Prasanna Venkatesan discusses how conduct and culture can be operationalised, measured and managed in private banking.

Clearing & Post-Trade

SWIFT Sees Growing ISO 20022 Adoption in Asia Pacific

By Manesh Samtani | 03/04/2019

SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.

Trading & Investment

NSE, SGX Reach Agreement on India Derivatives

By Editors | 01/04/2019

NSE and SGX have reportedly finalised an agreement that will enable SGX to offer trading in Nifty derivatives to Singapore investors through a special purpose vehicle operating as a broker at GIFT City.

Structural Regulation

EU, Singapore Adopt Decision to Mutually Recognise Derivatives Venues

By Editors | 01/04/2019

The European Commission recognises Singapore trading venues as MiFIR-compliant; MAS has exempted EU trading facilities from its markets licensing requirements.

Conduct, Culture & Accountability

The MAS Approach to Cultivating Ethical Culture in Banking

By Manesh Samtani | 29/03/2019

MAS emphasises incentive structures as the key to driving ethical behaviour and encourages banks to adopt good practices highlighted in a new information paper.

Market Abuse

Singapore Charges Three for Spoofing Index Futures

By Editors | 28/03/2019

In a MAS-CAD joint investigation, three individuals are being charged for allegedly spoofing SGX-MSCI index futures and giving false statements to SGX.

Trading & Investment

SGX Bolsters Forex Business with BidFX Acquisition

By Editors | 28/03/2019

The acquisition is part of SGX’s strategy to build core pillars of growth across multiple asset classes, with FX being one of its key growth pillars.

Cloud & Infrastructure

Singapore, Australia Fintech Bodies Agree to Collaborate

By Editors | 26/03/2019

FinTech Australia and the Singapore Fintech Association have agreed to collaborate on fintech initiatives across ASEAN and Australia. The MoU was signed at Money20/20 in Singapore last week.