Monetary Authority of Singapore

Singapore, Brunei to Deepen Cooperation on Banking, Insurance Supervision

By Editors | 04/02/2023

New MoU will deepen cooperation by facilitating information exchange and cross border on-site inspections between the two jurisdictions.

Crypto / Digital Assets

Thailand: New Crypto Custody Regulations Take Effect

By Tung Li Lim | 19/01/2023

The regulations provide clarity on the IT controls custody providers must have in place to mitigate cyber risks in their management of crypto wallets and keys.

Crypto / Digital Assets

2022: A Roaring Year for Digital Assets in Singapore

By Angela Ang | 18/01/2023

Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.

ESG / Sustainability

Bank of Singapore Adopts Stewardship Principles for Responsible Investors

By Editors | 12/01/2023

Bank of Singapore has become the first private bank to adopt the Singapore Stewardship Principles for Responsible Investors.

Fintech / Regtech

PayNow-UPI Linkage is Ready for Launch: MAS Official

By Editors | 11/01/2023

MAS chief fintech officer Sopnendu Mohanty said the integration of the two payment networks is “ready and waiting for launch”.

ESG / Sustainability

SGX RegCo Finalises Rules on Independent Director Tenure

By Editors | 11/01/2023

Listing rule changes introduce a nine-year tenure limit for independent directors and requirements for enhanced remuneration disclosures in annual reports.

Crypto / Digital Assets

Singapore’s New Crypto Rules Too Restrictive, Says Industry Body

By Editors | 10/01/2023

A blanket ban on providing credit could push retail investors to lend their crypto tokens via unregulated offshore firms.

Enforcement

Singapore Imposes 36-Year Jail Sentence for Market Manipulation

By Editors | 03/01/2023

John Soh Chee Wen and Quah Su-Ling were sentenced to 36 and 20 years in jail, respectively, for manipulating three penny stocks ten years ago.

Enforcement

SGX RegCo Bars UOBKH from Acting as Issue Manager

By Editors | 29/12/2022

SGX RegCo said it has considered actions already taken by MAS and the interests of the market, and decided to impose additional requirements on UOBKH.