Singapore

Data Privacy

Hong Kong, Singapore Cooperate on Personal Data Protection

By Editors | 12/06/2019

Hong Kong and Singapore’s data protection authorities have signed an MOU to strengthen cooperation on personal data protection.

Trading & Investment

Singapore Bourse Pushes into Foreign Exchange Market

By Manesh Samtani | 12/06/2019

SGX wants to reduce its reliance on equity index derivatives by aggressively pushing into the FX markets over the next five years.

Conduct, Culture & Accountability

MAS Proposes Increased Scope for Accountability, Conduct Guidelines

By Garima Chitkara | 07/06/2019

MAS proposes to apply its 2018 accountability and conduct guidelines to a wider range of financial institutions, including fund managers, trade repositories and benchmark administrators.

Anti-Money Laundering

MAS Consults on AML/CFT Notices for Payment Services

By Manesh Samtani | 07/06/2019

The first Notice covers account issuance, money transfers and money changing services. The second Notice sets out a separate framework for digital payment tokens.

Conduct, Culture & Accountability

Finance Should be a Force for Good: MAS

By Garima Chitkara | 05/06/2019

Financial institutions need to build trust, inclusivity and sustainability in order to be a force for good, MAS managing director Ravi Menon said in a speech on Monday.

Market Abuse

MAS Penalises Singapore National in LSE Insider Trading Case

By Editors | 05/06/2019

The penalty was the result of close cooperation and information sharing between MAS and the UK FCA, which had referred the case and provided investigative assistance.

Conduct, Culture & Accountability

SGX RegCo Eyes Greater Enforcement, Whistleblower Protection

By Garima Chitkara | 04/06/2019

Senior officials at an SGX RegCo symposium said the regulator will take a more active role in protecting investor interests through greater enforcement action and whistleblower protection.

Supervision & Enforcement

HK, Singapore, Japan Associations Launch APAC RegTech Network

By Manesh Samtani | 03/06/2019

The APAC RegTech Network seeks to enhance cross-border collaboration on regtech education and implementation across the region.

Capital Adequacy

Singapore Banks Well Positioned for Final Basel III Rules

By Manesh Samtani | 02/06/2019

Moody’s says Singapore performs better than other banking systems in a high stress scenario. The new report also looks at banks’ digitisation push.