Singapore

Capital / Liquidity

SAS, KPMG Launch Microsoft Azure-based IFRS 9 Solution

By Editors | 31/08/2017

Technology will be offered 1st in Singapore to meet January 2018 IFRS 9 deadline, can be extended to stress testing and other regulatory requirements.

Capital / Liquidity

Singapore Regulator Issues Resolution Regime

By Samuel Riding | 24/08/2017

Resolution regime includes four stage assessment criteria for financial institutions, emphasises private sector role; to be operationalised ‘in due course’.

Securities / Derivatives

Malaysia Comes Out Against MYR Trading on SGX and ICE

By Garima Chitkara | 10/08/2017

Recent introduction of MYR futures in offshore exchanges a contravention to its foreign exchange management policy and rules.

Capital / Liquidity

BIS Releases Policy Papers on Regulatory Proportionality and Cyber-risk

By Garima Chitkara | 03/08/2017

Papers analyses regional divergence in frameworks across Singapore, Hong Kong and Japan.

Securities / Derivatives

Singapore Brings ICO’s Within Regulatory Ambit

By Garima Chitkara | 02/08/2017

Singapore regulator announces intention to regulate ICO’s that share characteristics of debt or equity securities.

Capital / Liquidity

MAS Issues Capital Adequacy Consultation

By Editors | 26/07/2017

Revised Notice 637 on banks’ capital requirements set to bring Singapore in line with Basel III, starting from January next […]

Fintech / Regtech

Singapore Regtechs Innovate New KYC Methods

By Editors | 24/07/2017

Regtech firms Silent Eight and Black Swan technologies emerge from OCBC’s Open Vault to cut KYC processes from up to […]

Capital / Liquidity

NSFR Pushes Singapore Banks to Prioritise Long-term Funding

By Editors | 20/07/2017

NSFR requires locally-based D-SIBS to have customer deposits, long-term wholesale funding and equity sufficient to cover extended period of market stress.

Capital / Liquidity

Singapore Market Infrastructure Regime Gains CPMI/IOSCO Approval

By Editors | 18/07/2017

Peer review finds MAS meets all but one of 24 principles designed to shore up systemically important market infrastructure including central counterparties.