Singapore

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    AML / KYC

    Singapore Court Allows 1MDB’s $394m Claim Against BSI Bank to Proceed

    By Nithya Subramanian | 04/06/2025

    The court rejected BSI Bank’s bid to strike out the case, allowing 1MDB and Brazen Sky Limited to seek compensation.

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    Fintech / Regtech

    Euroclear, Marketnode Launch Funds Platform in Singapore

    By Nithya Subramanian | 03/06/2025

    The platform integrates Euroclear’s FundsPlace with Marketnode’s Fundnode to create a fully integrated fund order and processing system.

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    Crypto / Digital Assets

    MAS Tightens Grip on Crypto Firms Serving Overseas Clients

    By Manesh Samtani | 02/06/2025

    MAS finalises rules imposing strict licensing and compliance standards on Singapore-based digital token service providers serving overseas investors.

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    ESG / Sustainability

    Singapore Appoints Committee to Review Corporate Governance Code

    By Editors | 30/05/2025

    Committee to examine board independence, diversity, and sustainability disclosures, ensuring Singapore remains a trusted global financial hub.

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    Enforcement

    Singapore Court Jails Trader for Market Manipulation

    By Nithya Subramanian | 29/05/2025

    Calvin Gan traded illiquid stocks on SGX by exploiting a trading algorithm used by Merrill Lynch. He used fake orders to profit from its automated responses.

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    Securities / Derivatives

    MAS to Shortlist Managers for Market Development Fund by Q3

    By Nithya Subramanian | 29/05/2025

    MAS has drawn strong interest from global and regional asset managers for its SGD 5 billion programme aimed at revitalising the local stock market.

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    Singapore Updates Accountancy Code to Strengthen Tax Planning Ethics

    By Editors | 29/05/2025

    ACRA adopts global standards for tax services, effective July 2025, with transitional provisions for existing engagements.

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    AML / KYC

    GLEIF Launches Global Partner Programme to Boost LEI Adoption

    By Editors | 28/05/2025

    The initiative aims to expand the use of the LEI and vLEI through collaboration with data vendors, financial institutions and tech firms.

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    AML / KYC

    Singapore “Scamdemic” Attributed to “Rich and Naive” Population

    By Editors | 28/05/2025

    Singapore has among the highest per-capita scam losses globally. In 80% of reported cases, victims transfer funds to fraudsters voluntarily.

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    Market Infrastructure

    Shanghai to Accelerate Launch of New Futures Products

    By Manesh Samtani | 26/05/2025

    SHFE joined the UNSSE Initiative and will accelerate the launch of new futures products and the opening up of its nickel contract.

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