Singapore

Singapore, Malaysia to Special Economic Zone in Malaysia’s Johor State

By Editors | 09/01/2025

Singapore and Malaysia aim to attract investments in 11 sectors, including the digital economy, the green economy, and financial services.

AML / KYC

Singapore Passes Law to Give Police Stronger Anti-Scam Powers

By Manesh Samtani | 08/01/2025

The law allows the police to issue restriction orders to prevent bank account holders from making transfers to scammers.

Crypto / Digital Assets

OCBC Launches First Sale of ‘Bespoke’ Tokenised Bonds

By Editors | 07/01/2025

OCBC said the bonds are structured based on the investor’s desired tenor and yield before being minted

AML / KYC

Unlocking the Value of GenAI in Financial Crime Compliance

By Bradley Maclean | 07/01/2025

SymphonyAI’s Craig Robertson, DBS’ Lam Chee Kin and BOS’ Ng Kok Keong discuss the use of AI in financial crime compliance.

ESG / Sustainability

Regulation Asia: Top 10 Contributed Articles for 2024

By Editors | 05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

Enforcement

Singapore: Hin Leong Founder OK Lim and Children Declared Bankrupt

By Editors | 31/12/2024

OK Lim was sentenced last month to serve 17.5 years in jail for orchestrating one of Singapore’s biggest-ever trade financing frauds.

AML / KYC

Singapore Officials Apologise for Exposing NRIC Numbers

By Manesh Samtani | 22/12/2024

The mishap was attributed to a “miscommunication”. Banks, insurers reviewing NRIC practices. Security and privacy concerns persist.

Securities / Derivatives

Abaxx to Launch Nickel Futures in Singapore on 10 Jan

By Editors | 20/12/2024

The futures contracts are designed to deliver better price discovery and risk management tools for market participants in nickel sulphate.

Fintech / Regtech

Singapore, Australia Sign MOU to Expand Cooperation on AI

By Editors | 18/12/2024

Singapore’s Josephine Teo said the MOU opens new doors for AI collaboration across research institutes, businesses and government.