All posts tagged "ABS"
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80AML / KYCMAS to Review Liability Framework for Card Scams by Year-end
The Singapore police received 89 reports of fraudulent card transactions performed with SMS OTPs between September 2020 and February 2021.
July 28, 2021 -
89AML / KYC
MAS, ABS Working to Improve Safeguards Against Scams – Reports
A task force has been set up to help Singapore's financial industry improve safeguards against scams and fraudulent transactions.
July 15, 2021 -
124FeatureMAS Proposes New Safeguards for Vulnerable Customers
MAS proposes additional safeguards for clients receiving financial advice if they are elderly, not proficient in English, or have lower academic qualifications.
July 1, 2021 -
81FeatureMAS Announces ‘Final’ Extension of Credit Relief Measures
MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.
June 25, 2021 -
197EnforcementHin Leong Files Suit Against Deloitte Over Auditing Failures
The lawsuit claims Deloitte would have detected material misstatements and not issued unqualified opinions if its audits were carried out properly.
June 16, 2021 -
660Contributed ArticleCulture & Conduct Risk: Singapore Sets the Pace for Peers
Among global peers, Singapore is setting the pace for effective governance of culture and conduct risks, say Starling’s Stephen Scott and Mark Cooke.
June 9, 2021 -
141Capital RegulationCBIRC Green-lights Ant Group Consumer Finance Unit
Ant will hold a 50% stake in the new unit, which forms a key part of the restructuring that was ordered to resolve regulatory concerns.
June 4, 2021 -
642FeatureSingapore Taskforce Issues Climate Disclosure Guide for FIs
GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.
May 20, 2021 -
203Market InfrastructureARRC Publishes Guidance on Swap Rate, Business Loans, ABS
The ARRC has published a formula to calculate fallbacks from the USD LIBOR ICE Swap Rate, simplified fallback language for business loans, and a model for using SOFR in ABS products.
March 30, 2021 -
379InternationalICMA Calls for ESG Metrics, Standards for Securitised Assets
Unless ABS investors have better access to standardised and relevant data, they will be unable to appraise ESG risks and satisfy sustainability objectives.
March 26, 2021
