Singapore

Anti-Money Laundering

Thomson Reuters, Singapore FinTech Association Join Forces on Financial Crime

By Editors | 24/08/2018

The collaboration joins the Singapore FinTech Association network with Thomson Reuters Labs technical expertise to solve issues around financial crime.

Anti-Money Laundering

Singapore’s UOB Integrates Machine Learning in AML Systems

By Manesh Samtani | 24/08/2018

Collaboration with regtech firm Tookitaki has enabled deeper and broader analyses of data sets which can be applied to all processes within AML framework.

Structural Regulation

CFTC Grants Osaka Exchange FBOT Registration Status

By Editors | 23/08/2018

Osaka Exchange demonstrates the attributes of an established, organised exchange which is subject to continued oversight by regulators, the CFTC said.

Market Abuse

NSE To Approach SEBI on Co-Location Case

By Garima Chitkara | 13/08/2018

The exchange will begin dialogue with the regulator on alleged misuse of its co-location facility; NSE chief says the exchange’s IPO is on hold until the resolution of this case.

Structural Regulation

Singapore Adopts Revised Corporate Governance Code

By Garima Chitkara | 09/08/2018

New code is based on recommendations by the Corporate Governance Council and focuses on strengthening board independence and diversity; SGX has incorporated the new code in its listing rules.

Credit Risk

Singapore’s Three Largest Banks See Robust Performance – Moody’s

By Garima Chitkara | 09/08/2018

Moody’s reported that DBS, OCBC and UOB have seen improved profitability and stable asset quality going into the second half of the year.

Cloud & Infrastructure

Financial Regulators Consult on ‘Global Sandbox’ Approach

By Manesh Samtani | 09/08/2018

HKMA, MAS, ASIC among 12 regulators seeking views from interested parties on new Global Financial Innovation Network initiative, including its role, tools and where it should prioritise activity.

Clearing & Post-Trade

Talking Derivatives Trade Reporting with DTCC’s Oliver Williams

By Manesh Samtani | 08/08/2018

Enhancements to DTCC’s Global Trade Repository service in Singapore will support the MAS’s next phase of derivatives trade reporting requirements, as well as improve usability and reduce complexity for users.

Trading & Investment

SGX, NSE Resume Talks on Possible GIFT City Collaboration

By Garima Chitkara | 26/07/2018

The arbitrator has deferred judgement on the data sharing dispute until talks on collaboration between the two exchanges on a trading and settlement platform at GIFT City conclude.