Monetary Authority of Singapore

Reporting & Disclosures

SGX RegCo Consults On Integrating ISSB Standards Into Listing Rules

By Nithya Subramanian | 07/03/2024

SGX RegCo proposes to make it mandatory for listed companies to report on sustainability, compared to the current “comply or explain” approach.

Supervision & Enforcement

SFC, HKEX Jointly Take Action Against GEM-Listed Firm

By Sanday Chongo Kabange | 06/03/2024

Two former directors misappropriated assets by paying an IPO consultant who subsequently rerouted the funds back to the directors.

Reporting & Disclosures

Singapore Offers Grants to Help Firms in Sustainability Reporting

By Nithya Subramanian | 04/03/2024

The grant will help companies cover a portion of their costs in producing their first sustainability report in Singapore.

Fraud, Scams & Cybercrime

“Money Lock” is Effective in Scam Protection: Singapore Minister

By Nithya Subramanian | 01/03/2024

Minister Alvin Tan said there have been no scam reports involving funds under Money Lock, and that other banks will roll out the feature by mid-2024.

Conduct, Culture & Accountability

MAS Updates Guidelines for Fund Management Companies

By Manesh Samtani | 29/02/2024

The main amendment concerns compliance arrangements FMCs should have in place. MAS also reminded auditors of their FMC-related obligations.

Cryptocurrency

HashKey OTC Arm Gets On-Principle Approval in Singapore

By Nithya Subramanian | 29/02/2024

In-principle approval brings HashKey OTC a step closer to being fully regulated in Singapore.

Fraud, Scams & Cybercrime

MAS, SPF Probe Samlit Moneychanger for Fraudulent Activities

By Nithya Subramanian | 26/02/2024

The money remittance company has informed the Monetary Authority of Singapore that it is planning to surrender its payment services licence.

Cloud & Infrastructure

FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities

By Mark Johnston | 25/02/2024

MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

Reporting & Disclosures

Navigating the ESG Reporting Landscape in Singapore

By George Cyriac | 23/02/2024

Experts from Morgan Lewis offer a comprehensive look into the dynamic and continuously evolving ESG regulatory landscape in Singapore.