Singapore

    Liquidity Risk

    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.

    Structural Regulation

    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.

    Cybersecurity

    Emerging Asian Markets Suffer Shutdowns, Cyberattacks

    By Editors | 17/07/2017

    Exchanges in India and Indonesia suffer outages, citing ‘technical issues’; brokers connected to Bursa Malaysia report spate of cyberattacks on two separate days.

    Anti-Money Laundering

    Singapore Banker Gets 2nd Conviction for 1MDB-related Offences

    By Editors | 13/07/2017

    Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering sentence ends.

    Resolution & Recovery

    MAS Takes Next Step Towards Increased Powers

    By Editors | 06/07/2017

    Bill would allow regulator to compel firms to prepare recovery plans, enforce mandatory bail-ins for failing institutions.

    Clearing & Post-Trade

    Only 1 Major APAC CCP Working on Crisis Group – Report

    By Samuel Riding | 06/07/2017

    Crisis group one of FSB’s main recommendations for CCPs; joint study warns on interconnectedness, concentration.

    Cloud & Infrastructure

    Fintech Innovation vs. Regulation

    By Peter Guy | 03/07/2017

    Hong Kong needs to beware as Australia and Singapore regulators issue game-changing initiatives.

    Structural Regulation

    Singapore to Permit Bank Acquisitions of Fintech Companies

    By Editors | 26/06/2017

    Revised comingling rules would allow lenders to invest up to 10% of capital funds in non-financial businesses.

    Supervision & Enforcement

    Prohibition Orders in Singapore: An Introduction

    By Eric Chan | 22/06/2017

    POs are increasingly being used to ensure integrity in Singapore’s financial services industry.

    Market Risk

    Updated – Singapore to Delay FRTB, IRRBB, SA-CCR

    By Samuel Riding | 22/06/2017

    MAS has privately told banks it will alter the implementation timelines for several regulations including FRTB, Regulation Asia can reveal.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.