Monetary Authority of Singapore

Data Privacy

Singapore Plans Enhanced Oversight of Credit Bureaus

By Editors | 12/08/2014

The Monetary Authority of Singapore is seeking industry views on a proposal to tighten oversight of credit bureaus.

Market Abuse

Singapore Seeks Tougher Rules for Financial Benchmarks

By Editors | 29/07/2014

The Monetary Authority of Singapore is proposing a legislation that will introduce a regulatory framework for financial benchmarks.

Trading & Investment

Singapore Plans Stronger Safeguards for Investors

By Editors | 22/07/2014

The Monetary Authority of Singapore will require providers of investment products to rate their offerings for complexity and risks, as part of measures aimed at enhancing regulatory framework to safeguard investors’ interests.

Anti-Money Laundering

Singapore Tightens Rules Against Money Laundering and Terrorist Financing

By Editors | 19/07/2014

The Monetary Authority of Singapore is requiring banks and other financial institutions to perform a risk assessment on money laundering and terrorist financing at a wider institutional level, beyond the assessment of individual customers.

Payments & Settlements

Singapore Regulator to Launch RMB Liquidity Facility

By Editors | 16/06/2014

The Monetary Authority of Singapore will launch a facility providing overnight Renminbi (RMB) liquidity to financial institutions in Singapore from July 1.

Liquidity Risk

Intraday Liquidity Monitoring: Regulatory Requirement, Risk Management Tool

By Editors | 09/06/2014

As Asia-Pacific markets move to integrate Basel III standards on intraday liquidity monitoring into local requirements, financial institutions are finding it a tool for risk management and mitigation.

Structural Regulation

Singapore Announces Re-appointments to the MAS Board of Directors

By Editors | 03/06/2014

The Monetary Authority of Singapore (MAS) announced the re-appointments of Lim Hng Kiang, the city-state’s Minister for Trade and Industry to the MAS board of directors as deputy chairman for a further period of two years with effect from 1 June 2014.

Structural Regulation

Singapore-listed Companies to Apply IFRS in 2018

By Editors | 30/05/2014

Singapore-incorporated companies listed on Singapore Exchange (SGX) will apply a new financial reporting framework identical to the International Financial Reporting Standards (IFRS) in 2018, according to the Singapore Accounting Standards Council.

Anti-Money Laundering

Singapore, US Agree on FATCA Arrangement

By Editors | 06/05/2014

Singapore has reached an agreement with the United States under a law that require foreign banks, investment funds and insurers to hand over information about Americans’ account to the US Internal Revenue Service.