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Anti-Money Laundering
Singapore Court Blocks 1MDB Liquidators from Suing Banks Over Pre-2018 Deals
By Nithya Subramanian | 02/10/2025
The court dismissed attempts by 1MDB liquidators to claw back funds from Standard Chartered and BSI, citing a legal cut-off that excludes transactions predating the city-state’s 2018 insolvency law.

AI Risk & Governance
APAC Firms Face Major ‘Execution Gap’ in Responsible AI - Report
By Manesh Samtani | 30/09/2025
A new report finds that while many APAC firms have responsible AI strategies, very few have fully operationalised them.
AI Risk & Governance
MAS to Simplify Tax Scheme, Account Opening for Family Offices
By Nithya Subramanian | 30/09/2025
MAS will ease reporting and documentation for family office tax schemes, while a new working group is targeting more efficient account opening through AI.

Cybersecurity
MAS Completes Quantum Security Trials to Safeguard Financial Networks
By Nithya Subramanian | 30/09/2025
A proof-of-concept sandbox on QKD highlighted both benefits and gaps, with findings revealing the need for interoperability, stronger assurance, and international standards.

Anti-Money Laundering
Thailand's Deputy Finance Minister Linked to Dirty Money Network - Report
By Editors | 29/09/2025
Vorapak Tanyawong allegedly used Singapore VCCs to conceal the takeover of a Thai finance company that was used to launder scam proceeds from Cambodia.

Fraud, Scams & Cybercrime
Singapore Banks, ABS to Develop Guidelines to Shield Seniors from Financial Abuse
By Nithya Subramanian | 29/09/2025
Singapore banks are stepping up training for front-line staff to spot signs of elderly customers being financially abused by family members.

Cloud & Infrastructure
Singapore Tables Bill to Allow E-Mortgages, Remote Witnessing for Property Deals
By Editors | 26/09/2025
New legislation will create government-run digital platforms for conveyancing, allowing for legally binding electronic deeds and signatures for property transactions.

KYC & CDD
Singapore Cuts Family Office Application Time from 12 to Three Months
By Editors | 26/09/2025
The move is part of a broader strategy to improve client onboarding and strengthen Singapore's position as a leading international wealth management centre.

Stablecoins
Singapore to Formalise Stablecoin Rules, Cautious on US Recognition
By Manesh Samtani | 26/09/2025
MAS plans a public consultation on its own framework while monitoring US and European developments before seeking regulatory comparability.

Stablecoins
Coinbase Set to List First Singapore Dollar Stablecoin
By Nithya Subramanian | 26/09/2025
The partnership with StraitX aims to give global users access to a MAS-recognised digital token while also enhancing cross-border payments and on-chain foreign exchange.
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