Singapore

    image

    Structural Regulation

    MAS Issues Additional Guidance for New Derivatives Reporting Regime

    By Manesh Samtani | 16/02/2024

    New FAQs are provided to support implementation of the new OTC derivatives reporting regime, which comes into force in October.

    image

    Reporting & Disclosures

    Top ASEAN Exchanges to Jointly Develop Sustainability Ecosystem

    By Ranamita Chakraborty | 15/02/2024

    The exchanges will reconvene in July to finalise the ecosystem’s implementation details, governance framework and operating structure.

    image

    Tokenisation

    More Clarity in Rules Key to Tokenisation of VCCs

    By Nithya Subramanian | 15/02/2024

    Tokenising VCCs provides the opportunity to drive greater operational cost efficiencies across the fund lifecycle and explore new business models.

    image

    Fraud, Scams & Cybercrime

    Singapore: More Charges Laid Against Nickel Trading Fraudster

    By Nithya Subramanian | 11/02/2024

    Ng Yu Zhi was arrested in February 2021 and now faces 108 charges. His bail was revoked following the discovery of a secret HSBC account.

    image

    Anti-Bribery & Corruption

    Former CEO of Aon Singapore Charged With Bribery

    By Nithya Subramanian | 09/02/2024

    Collin Chiew has been accused of receiving SGD 668,000 in bribes and faces five counts of corruption as well as a money laundering charge.

    image

    ESG Data

    Gprnt: Simplifying ESG Data Management for Financial Services

    By Ranamita Chakraborty | 09/02/2024

    Industry experts anticipate the MAS-led digital ESG platform, Gprnt, will improve sustainability reporting across the real economy and financial sector.

    image

    Conduct, Culture & Accountability

    DBS Cuts CEO Compensation Over Digital Banking Disruptions

    By Ranamita Chakraborty | 08/02/2024

    MAS set expectations last November for DBS to hold its senior management accountable for digital banking disruptions that occurred last year.

    image

    Fraud, Scams & Cybercrime

    Singapore Court Jails Director for Wirecard-related Breach of Duty

    By Ranamita Chakraborty | 08/02/2024

    The Singaporean national signed letters to Wirecard AG stating various bank account balances, without verifying those balances.

    image

    Anti-Money Laundering

    Singapore: ACIP Issues AML/CFT Guidance to Address CSP Risks

    By Nithya Subramanian | 07/02/2024

    New ACIP paper offers recommendations for banks that receive customer referrals from corporate service providers.

    image

    Fraud, Scams & Cybercrime

    Singapore Strengthens Measures to Tackle AI Deepfakes

    By Nithya Subramanian | 06/02/2024

    Various government agencies and industry partners are working together to prevent the malicious use of deepfake technology.

    JOIN OUR NEWSLETTER

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