Singapore

Structural Regulation

MAS, CFTC Agree to Mutually Recognise Derivatives Venues

By Editors | 14/03/2019

The agreement enables US and Singapore OTC derivatives participants to trade with one another on the same platforms, allowing for more efficient risk management.

Payments & Settlements

MAS’ Ravi Menon on Blockchain Misconceptions – Speech

By Manesh Samtani | 11/03/2019

In a recent speech, MAS managing director Ravi Menon shared his views on blockchain, common misconceptions and use-cases where the technology shows the most promise.

Cybersecurity

MAS Enhances Guidelines on Technology Risk, Business Continuity

By Editors | 08/03/2019

Both guidelines under consultation continue to emphasise the importance of risk culture, and the roles of the board and senior managers in technology risk and business continuity management.

Cybersecurity

MAS Centralises Technology Functions to Drive Digital Transformation

By Editors | 07/03/2019

The MAS’ new Technology Group will centralise its technology capabilities and strengthen supervision of technology risks in the financial sector.

Clearing & Post-Trade

SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting

By Editors | 06/03/2019

SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.

Cloud & Infrastructure

IMAS Launches Accelerator Programme for Asset Management Industry

By Editors | 01/03/2019

The Digital Accelerator Programme will allow fintech startups to work with professional mentors from asset management firms to create viable solutions for industry challenges.

Credit Risk

UOB, OCBC, DBS to Face Challenging Year Ahead – Moody’s

By Editors | 26/02/2019

Singapore’s three largest banks will face greater asset risks and stagnation of net interest margins in 2019, making it a difficult year ahead for profitability, according to Moody’s Investors Service.

Trading & Investment

EU, Singapore Agree to Mutually Recognise Derivatives Venues

By Editors | 21/02/2019

Singapore and EU-based firms will be able to trade derivatives on approved platforms based in either jurisdiction following proposed equivalence decisions by both regulators.

Conduct, Culture & Accountability

MAS Discusses Supervisory Toolkit for Fund Managers – Speech

By Manesh Samtani | 19/02/2019

MAS places emphasis on conduct and individual accountability in its supervisory approach, using data analytics to help identify unusual trends and flag outliers among fund managers.