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.
December 29, 2022Attacks have proliferated due to the increased use of technology, continued adoption of cryptocurrencies, and the emergence of Ransomware-as-a-Service models.
December 23, 2022Restructuring specialist John J Ray says FTX's failure is the worst he has ever seen, citing control failures and the "complete absence" of trustworthy financial information.
November 18, 2022Online bond platform providers must have a stockbroker registration certificate from SEBI and be registered with the stock exchange.
November 17, 2022Fixed income dealers should establish clear prohibitions on the use of unapproved communication channels, ASIC says.
October 27, 2022The FSC is seeking to strengthen controls around the interactions and communications between financial institutions and their major shareholders.
October 24, 2022Regulated entities will have to obtain source code from vendors for critical applications or ensure a software escrow agreement is in place.
October 24, 2022SMBC Nikko Securities was also found to have shared confidential information of several corporate clients without their consent with its parent's banking unit.
October 10, 2022A national risk assessment found remittance agents and banks to be the most vulnerable. MAS will develop new guidance for both sectors.
October 10, 2022ASIFMA's new paper says open dialogue and engagement is needed for investors to better understand the labour practices of investee companies.
September 9, 2022