SINGAPORE

Securities / Derivatives

MAS to Shortlist Managers for Market Development Fund by Q3

By Nithya Subramanian | 29/05/2025

MAS has drawn strong interest from global and regional asset managers for its SGD 5 billion programme aimed at revitalising the local stock market.

Singapore Updates Accountancy Code to Strengthen Tax Planning Ethics

By Editors | 29/05/2025

ACRA adopts global standards for tax services, effective July 2025, with transitional provisions for existing engagements.

AML / KYC

GLEIF Launches Global Partner Programme to Boost LEI Adoption

By Editors | 28/05/2025

The initiative aims to expand the use of the LEI and vLEI through collaboration with data vendors, financial institutions and tech firms.

AML / KYC

Singapore “Scamdemic” Attributed to “Rich and Naive” Population

By Editors | 28/05/2025

Singapore has among the highest per-capita scam losses globally. In 80% of reported cases, victims transfer funds to fraudsters voluntarily.

ESG / Sustainability

Singaporeans Want Banks With More Societal Impact: ABS Survey

By Nithya Subramanian | 23/05/2025

While trust in Singapore’s banks remains strong, many Singaporeans expect them to play a more meaningful role in serving the community.

Capital / Liquidity

MAS Proposes to Revise Margin Limits for Capital Markets Firms

By Nithya Subramanian | 23/05/2025

The MAS has proposed raising the cap on margin exposures that CMSL holders can extend to their clients.

AML / KYC

Fighting Scams is a Community Effort: Singapore Police

By Manesh Samtani | 23/05/2025

Aileen Yap said Singapore’s strategy to fighting scams relies on quick response and collaboration between all stakeholders.

ESG / Sustainability

Singapore’s ACRA Launches Guidebook for ESG Trainers

By Nithya Subramanian | 22/05/2025

The guidebook will support the development of sustainability reporting training programmes and prepare professionals for climate disclosure requirements.

ESG / Sustainability

Gprnt Launches Nationwide Utility for Sustainability Reporting

By Nithya Subramanian | 22/05/2025

SMEs can automatically convert utilities data into key sustainability indicators such as Scope 1 and 2 emissions, at no additional cost.