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MAS Proposes Simplify Data Collection Rules for Insurance Sales
By Nithya Subramanian | 05/02/2024
The proposals will streamline financial planning and allow consumers to meet their protection needs more easily, MAS said.
Enforcement
Online Criminal Harms Act Takes Effect in Singapore
By Nithya Subramanian | 05/02/2024
The law has been enabled to take quick actions, giving the government power to issue orders restricting the exposure of users to criminal activities on online platforms.
Crypto / Digital Assets
Singapore Authorities Warn Against ‘Crypto Drainer’ Malware Threat
By Ranamita Chakraborty | 02/02/2024
The SPF and CSA recommend using hardware crypto wallets and verifying the legitimacy of smart contracts before interacting with them.
Securities / Derivatives
SGX Marks New Milestone with First Active ETF Listing
By Ranamita Chakraborty | 01/02/2024
The launch of the new AI-powered active ETF, managed by Lion Global Investors and Nomura Asset Management, was announced last month.
Crypto / Digital Assets
New Digital Assets Association Launches in Singapore
By Ranamita Chakraborty | 01/02/2024
The association will engage with regulators on behalf of the digital assets community through a regulatory sub-committee.
Market Infrastructure
SGX, IDX to Explore Dual Listings Under New MoU
By Sanday Chongo Kabange | 30/01/2024
SGX and IDX will explore collaboration on depositary receipts, ETF cross-listings, index development, and dual listings.
AML / KYC
Samlit Moneychanger Sued After China Police Freezes Funds: Report
By Nithya Subramanian | 29/01/2024
While three Chinese nationals working in Singapore alleged breach of agreements and sought compensation. Samlit said it fulfilled all its obligations.
ESG / Sustainability
Singapore Launches New Association to Drive Sustainable Finance Collaboration
By Ranamita Chakraborty | 25/01/2024
The Singapore Sustainable Finance Association aims to support the low-carbon transition and sustainable economic growth in the APAC region.
Fintech / Regtech
Singapore Releases Draft Governance Framework on GenAI
By Editors | 22/01/2024
IMDA and the AI Verify Foundation are seeking feedback on a draft Model AI Governance Framework for Generative AI until 15 March.
AML / KYC
Singapore Money Laundering Case Tops S$3bn in Assets
By Editors | 22/01/2024
Warrants of arrest and Interpol Red Notices have also been issued against two more Cambodian nationals for money laundering offences.
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