The BOT has conducted a public hearing on accounting standards for specialised financial institutions, which are tasked with serving government policies.
February 26, 2021The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021Primary-listed issuers must appoint an ACRA-registered auditor, and only use property valuers that meet certain qualification criteria.
January 12, 2021A failure to update the frameworks would result in insurers needing to maintain dual valuation, actuarial, accounting and reporting systems, APRA says.
November 26, 2020The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.
September 3, 2020The MoU will see increased cooperation in areas such as accounting standards, governance and transparency, fintech development, and sustainable finance.
August 16, 2020An ACRA working group recommends reforms to facilitate digitalisation, review financial reporting requirements, and safeguard shareholders’ interests, among other proposals.
July 22, 2020Water treatment firm Hyflux entered the limelight in 2018 when it tried to restructure nearly S$3bn in debt. The company is suspected of breaching disclosure and accounting rules.
June 3, 2020The changes extend the requirements imposed on approved trustees and managers to VCCs, VCC directors and VCC custodians, while also introducing a best interest duty.
March 17, 2020The revised prudential standard on credit risk management will come into effect from 1 January 2021, six months later than was proposed in a March consultation.
December 13, 2019