Singapore

Crypto / Digital Assets

Singapore Builds Trust in Crypto with New Regulations

By Ranamita Chakraborty | 16/10/2023

Regulation Asia speaks to legal experts on what lies ahead for DPT service providers in Singapore as they navigate the evolving regulatory landscape.

Securities / Derivatives

CapitaLand China Trust Issues First China FTZ Offshore Bond

By Editors | 16/10/2023

CapitaLand China Trust subsidiary CLCT MTN has become the first Singapore-based issuer to launch offshore CNY bonds in the Shanghai FTZ.

Securities / Derivatives

MAS Issues Liquidity Risk Management Guidance for Funds

By Manesh Samtani | 13/10/2023

The new information paper sets out expectations in four areas: governance, product design, ongoing LRM, and stress testing.

Enforcement

Singapore Court Sentences Ex-Wirecard Employee to Jail

By Editors | 11/10/2023

The former junior finance executive was sentenced to ten weeks in jail for helping a supervisor embezzle S$47,000.

AML / KYC

Singapore Police Working With Meta to Stop Scams – Report

By Editors | 11/10/2023

The police are working with Meta to terminate WhatsApp lines believed to be used in scams and remove suspicious ads on Facebook and Instagram.

ESG / Sustainability

Singapore Publishes Criteria for Acceptance of Carbon Credits

By Editors | 10/10/2023

Carbon credits from other countries can only be used by carbon tax-liable companies in Singapore if they fulfill seven eligibility criteria.

Crypto / Digital Assets

Singapore Law Well-Placed to Support Digital Bonds Growth

By Jill Wong | 09/10/2023

Singapore law has what it takes to support the growth of the digital bonds market, say two Linklaters lawyers.

MAS and Industry Bodies Publish Financial Planning Guide

By Editors | 08/10/2023

Financial advisory firms and their representatives are asked to refer to the guide in their financial planning conversations with customers.

AML / KYC

Singapore Property Agents Found Guilty of Breaching AML Rules – Report

By Editors | 06/10/2023

The agents failed to comply with regulations relating to obtaining, documenting and verifying the accuracy of the identifying information of the buyers.