Singapore

Trading & Investment

HFW Launches $5B Investor Claim Over Credit Suisse AT1 Bonds

By Manesh Samtani | 18/07/2025

Law firm is gathering bondholders from Asia and the Middle East for an investor-state treaty arbitration, citing breaches of international law.

AI Risk & Governance

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial

Capital Adequacy

MAS Sets New Capital and Liquidity Rules for Market Infrastructure Firms

By Nithya Subramanian | 17/07/2025

The new rules require FMIs to comply with enhanced solvency and liquidity thresholds to reinforce operational continuity in stress scenarios.

Cybersecurity

MAS Mandates 2FA for All Online Financial Accounts, Tightens Exemptions

By Manesh Samtani | 17/07/2025

MAS updates guidance to make two-factor authentication mandatory for all customers, shifting from a client-based to an access-based exemption model.

Anti-Money Laundering

Singapore Penalises Law Firms Over Role in Money Laundering Case

By Editors | 15/07/2025

MinLaw has fined two firms and referred one lawyer for disciplinary action as part of a wider crackdown on professional enablers.

Anti-Money Laundering

Singapore Proposes to Bar Convicted Money Launderers From Directorships

By Editors | 15/07/2025

The proposed legal amendments also aim to enhance the regulatory regime for accountants and reduce the compliance burden for companies.

Anti-Money Laundering

Bangladesh Court Orders Freeze on Singapore Assets in Billion-Dollar Probe

By Mark Johnston | 14/07/2025

A Dhaka court has ordered the freezing of dozens of bank accounts and corporate shares in Singapore linked to Mohammad Saiful Alam and his family.

Reporting & Disclosures

SSFA Launches Industry Guide on Applying Singapore-Asia Taxonomy

By Nithya Subramanian | 11/07/2025

The new guidance aims to strengthen transition financing across Southeast Asia by offering practical, industry-endorsed solutions.

Fraud, Scams & Cybercrime

MAS Bans Former Great Eastern Adviser for Forgery and Misconduct

By Nithya Subramanian | 11/07/2025

Jonathan Toh has been banned for five years by MAS after forging a client’s signature and misleading them about transferring an insurance policy.