Singapore

AI Risk & Governance

India to Launch Globally Integrated FinTech Capability Hub on 21 Aug

By Nithya Subramanian | 05/08/2025

The government of Odisha has teamed up with Singapore’s GFTN to build an internationally competitive, innovation-driven and inclusive fintech landscape.

Anti-Money Laundering

Singapore's MinLaw Penalises More Law Firms Over AML Lapses

By Manesh Samtani | 04/08/2025

The Ministry of Law has fined three firms and reprimanded three others for AML breaches involving property deals linked to the SGD 3 billion money laundering case.

Stablecoins

MAS-backed Group Urges Regulatory Convergence on Stablecoins

By Sanday Chongo Kabange | 04/08/2025

A new GFTN report warns divergent national rules risk creating 'walled gardens' and calls for global standards and cooperation to unlock cross-border payment potential.

Conduct, Culture & Accountability

Singapore Fines Two Remittance Firms for Illegal Information Exchange

By Nithya Subramanian | 04/08/2025

The competition watchdog has fined ZGR Global and Hanshan Money Express for colluding to exchange sensitive pricing information on CNY remittance rates.

Fraud, Scams & Cybercrime

Singapore Charges Director of Crypto Platform Operator with Fraud

By Nithya Subramanian | 04/08/2025

MAS referred Tokenize Xchange to police after its licence was rejected and it found potential asset shortfalls and false representations.

Payments & Settlements

MAS Confirms End-2026 Phase-Out for Corporate Cheques

By Nithya Subramanian | 01/08/2025

MAS has finalised its roadmap to stop processing corporate cheques from 2027, introducing new e-payment solutions and a new system for remaining users.

Market Risk

APAC Regulators Urge Timely FRTB Implementation in Europe, US

By Blake Evans-Pritchard | 31/07/2025

Regulators in Asia worry about the harm divergent implementation timetables cause to their banks.

Trading & Investment

JP Morgan and Fullerton Unveil Plans for Singapore's EQDP Initiative

By Nithya Subramanian | 31/07/2025

The fund managers, recently selected by MAS to participate in the Equity Market Development Programme, said they will offer diversified exposure and stable income to investors.

Anti-Bribery & Corruption

Singapore's Seatrium to Pay $188m to Resolve Corruption Probe

By Nithya Subramanian | 31/07/2025

The firm has signed a leniency agreement in Brazil and a DPA in Singapore related to ‘Operation Car Wash’.