Singapore

Anti-Money Laundering

New Companies Transparency Law Takes Effect in Singapore

By Nithya Subramanian | 16/06/2025

All newly incorporated companies and LLPs will be required to disclose their ownership and control details.

Structural Regulation

UK Regulators Told to Learn from Singapore’s Pro-Business Model

By Thisanka Siripala | 16/06/2025

A House of Lords committee said Singapore’s faster approvals and pro-business culture should guide UK reforms to enhance competitiveness and growth.

Trading & Investment

Abaxx Exchange Launches Singapore Gold Kilobar Futures

By Nithya Subramanian | 16/06/2025

Abaxx also introduced Abaxx Spot, a new platform providing direct access to kilobar gold trading without the complexity of OTC channels.

Stablecoins

Ant International Eyes Stablecoin Licence in Hong Kong – Report

By Editors | 14/06/2025

Ant International seeking stablecoin licences in Hong Kong, Singapore and Luxembourg. Hangzhou-based Ant Digital also seeking HK licence.

Cryptocurrency

Bitget and Bybit Consider Move Away from Singapore: Report

By Nithya Subramanian | 12/06/2025

Both firms, which operate in Singapore without a full licence, are considering reassigning staff to Dubai or Hong Kong.

Cybersecurity

MAS Sets Deadline for Mandatory 2FA on Online Financial Platforms

By Nithya Subramanian | 12/06/2025

MAS has set a 12 September 2025 deadline for financial institutions to implement 2FA. Other safeguards include prompt notifications and strong password policies.

Sustainable Finance

Singapore Eyes Green, Digital Finance to Boost China-ASEAN Ties

By Nithya Subramanian | 12/06/2025

MAS deputy managing director Leong Sing Chiong said FIs are exploring partnerships in areas such as capital market linkages, digital finance and sustainable finance.

PEPs & Sanctions

US Sanctions Force Singapore Cargo Inspection Firm to Close

By Editors | 12/06/2025

US sanctions prompted customers to cancel orders and banks to stop providing services, forcing CCIC Singapore to cease operations and lay off staff.

Fraud, Scams & Cybercrime

INTERPOL Operation Nets 20,000 Malicious IPs Targeting Financial Data

By Editors | 12/06/2025

Operation Secure targeted infostealer malware, disrupting cybercriminal infrastructure across Asia and leading to arrests and server seizures.