Monetary Authority of Singapore

Resolution & Recovery

FSB Issues Singapore Peer Review

By Samuel Riding | 27/02/2018

Board suggests MAS need to state who is responsible for macro-prudential oversight; wants resolution regime extended to market infrastructure.

Trading & Investment

Singapore to Shift OTC Derivatives to Organised Markets

By Editors | 22/02/2018

The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.

Conduct, Culture & Accountability

Singapore to Raise Focus on Investment Fund Conduct, Governance

By Garima Chitkara | 15/02/2018

MAS executive director also speaks about variable capital structure framework for investment funds slated for implementation in 2018.

Payments & Settlements

MAS Consults on E-Payment Guidelines

By Editors | 14/02/2018

The guidelines set standards on financial institutions providing e-payment services and their users.

Structural Regulation

Industry Initiative Set to Streamline MAS 610 Compliance

By Editors | 12/02/2018

AxiomSL-led initative will define open taxonomy and standardise interpretations for the revised MAS 610 reporting mandate.

Structural Regulation

HKMA Virtual Bank Rules – Dull, Timid Bureaucracy

By Peter Guy | 12/02/2018

Proposed virtual banks rules fail to address the true future of financial services, risking Hong Kong’s descent into irrelevancy.

KYC & CDD

MAS Encourages Fintech Use for KYC, AML Checks

By Garima Chitkara | 08/02/2018

Monetary Authority of Singapore says technology-based customer due diligence could increase the quality of risk management for financial institutions.

Trading & Investment

Singapore, Malaysia Unveil Plans for Cross Border Stock Trading Link

By Manesh Samtani | 07/02/2018

Link to be operational by year-end; will enable cross-border trading, clearing, settlement of shares between SGX and Bursa Malaysia.

Anti-Money Laundering

Real Estate and Trade Finance – The New AML Battlegrounds

By Samuel Riding | 25/01/2018

After years of scrutiny of banking relationships, regulators are now turning their attention to other stores of value, according to Accuity CEO Hugh Jones.