SINGAPORE

Sanctions

US Sanctions Force Singapore Cargo Inspection Firm to Close

By Editors | 12/06/2025

US sanctions prompted customers to cancel orders and banks to stop providing services, forcing CCIC Singapore to cease operations and lay off staff.

Securities / Derivatives

SGX and B3 Launch Brazilian Real Futures Contracts in Asia

By Nithya Subramanian | 10/06/2025

The BRL contracts will boost cross-regional FX trading, offering global investors access to Brazilian Real exposure during Asian trading hours.

Enforcement

Singapore to Block Websites of Two Unlicensed Online Trading Platforms

By Nithya Subramanian | 10/06/2025

From 20 June, the Singapore public will not be able to access Octa and XM’s online platforms as they don’t have the requisite licences.

AML / KYC

Banks Need Both Tech and Talent to Combat TBML: Experts

By Nathan Lynch | 09/06/2025

While banks are innovating to tackle TBML, the complexity of trade means they must continue to rely on human experience […]

Crypto / Digital Assets

MAS Issues Clarification on DTSP Regulatory Regime

By Manesh Samtani | 06/06/2025

Existing licensed firms are not impacted by the new rules, which target firms that exclusively serve overseas clients from Singapore.

Big Picture

BIS Bulletin Spotlights Benefits of Regional Integration in Asia

By Manesh Samtani | 06/06/2025

BIS bulletin says Asia’s regional integration, supported by finance hubs in Hong Kong and Singapore, serves as a buffer against global fragmentation.

Big Picture

Singapore Eyes Increased Connectivity to Boost Competitiveness

By Nithya Subramanian | 05/06/2025

Minister Chee Hong Tat discusses Singapore’s push to stay competitive by strengthening trust, deepening regional links, and streamlining financial regulations.

Enforcement

Over 1,800 Arrested in Transnational Crackdown on Scams: Singapore Police

By Nithya Subramanian | 05/06/2025

A cross-border operation spanning seven territories has uncovered extensive scam networks linked to over 9,200 cases, with victims losing an estimated $225mn.

AML / KYC

Singapore Sharpens Focus on Source of Wealth Due Diligence

By Manesh Samtani | 05/06/2025

New guidelines in Singapore call for more robust source of wealth checks in banking and wealth management, experts say.