Singapore

    image

    Structural Regulation

    Deadline Fast Approaching for New Trade Reporting Rules in Australia and Singapore

    By Manesh Samtani | 03/09/2024

    DTCC, MAS and ASIC are calling on market participants to accelerate testing efforts to ensure readiness for new reporting rules that go live on 21 October.

    image

    Anti-Money Laundering

    Singapore Designates Wildlife Trade as Serious Criminal Offences

    By Nithya Subramanian | 30/08/2024

    Wildlife trading will now be punishable in Singapore under the Organised Crime Act with up to 20 years imprisonment.

    image

    Emerging Prudential Risks

    MAS Seeking Data from Insurers on Reinsurance Arrangements

    By Nithya Subramanian | 30/08/2024

    Insurance companies have reportedly been asked to submit the terms and conditions of their reinsurance contracts to MAS.

    image

    AI Risk & Governance

    Singapore to Issue Standards for AI-Based Valuation Models

    By Nithya Subramanian | 29/08/2024

    IVAS also working on new guidelines and a new online professional development course focusing on valuing intangible assets.

    image

    Trading & Investment

    MAS Identifies Priority Areas for Equities Market Review Group

    By Ranamita Chakraborty | 29/08/2024

    The review group has identified the areas of focus for its two workstreams and pledged to announce recommendations in phases.

    image

    Trade Based Money Laundering

    Singapore Charges South Korean in S$1.5b TBML Scheme

    By Ranamita Chakraborty | 28/08/2024

    The accused hid smuggled cash in tool shipments from Korea and Japan, and then exported gold bars disguised as mechanical tools.

    image

    DeFi & Web3

    DBS Concludes Blockchain Pilot to Streamline Grant Disbursements

    By Ranamita Chakraborty | 25/08/2024

    The programmable grant disbursement pilot used smart contracts to automate and streamline grant disbursements by Enterprise Singapore.

    image

    Sustainable Finance

    Singapore, Philippines to Collaborate on Carbon Credits Partnership

    By Ranamita Chakraborty | 23/08/2024

    Singapore and the Philippines will form a working group to progress their cooperation to develop high-integrity carbon markets.

    image

    Fraud, Scams & Cybercrime

    Singapore CPF Lowers Online Withdrawal Limit to Deter Scammers

    By Nithya Subramanian | 23/08/2024

    The maximum online daily withdrawal limit will be reduced from S$200,000 to S$50,000 to introduce more friction against scams.

    image

    Fraud, Scams & Cybercrime

    Singapore Considers Granting Police More Powers to Block Scams

    By Nithya Subramanian | 23/08/2024

    The police will be able to block banking transactions if there is “reasonable belief” that victims will transfer money to scammers.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.