Separately, a new framework has been issued allowing professional services firms including consultancies, fund administrators and trustees to set up in GIFT City.
February 18, 2021The report identifies the possible risks to retail investors in crypto-assets and describes how regulators can help inform them about these risks.
December 30, 2020Financial institutions can add back a portion of their Stage 1 and Stage 2 provisions for ECL to Tier 1 capital over a four or three year period.
December 10, 2020The director of local accounting firm Citadelle Corporate Services was hit with three additional charges for falsifying letters confirming Wirecard cash balances.
December 10, 2020IFRS 3 Business Combinations does not specify how to report transactions involving transfers of businesses between companies within the same group, leading to diversity in practice.
December 1, 2020A failure to update the frameworks would result in insurers needing to maintain dual valuation, actuarial, accounting and reporting systems, APRA says.
November 26, 2020Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.
November 16, 2020SGX RegCo places emphasis on quality, reliability and appropriateness of interim financial reports, with particular regard to asset valuations and alternative performance measures used.
July 27, 2020The ABS and SC-STS say "significant progress" has been made in key technical work to support Singapore's transition from SOR to SORA.
June 29, 2020The IBA has written to companies asking them to assess the impacts that the LIBOR phase-out will have on their businesses, and to prepare accordingly.
February 12, 2020