All posts tagged "DBS"
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278SingaporeDBS Announces Relief Measures for SME, Retail Clients
Relief will be provided on SME property loans, import facilities and retail mortgage loans. The announcement comes after a DBS employee tested positive for Covid-19.
February 14, 2020 -
204Fintech / Regtech
DBS Completes First Fully Digital Trade Financing Settlement on NTP
DBS was able to cut the trade financing processing time from about a week to under one working day, yielding greater operational efficiencies for trade partners.
February 10, 2020 -
545AML / KYCOCBC Speeds Up Criminal Probes Through Automated System ‘POET’
'POET' digitally receives and responds to investigation requests with minimal human intervention, allowing OCBC to respond to law enforcement requests within 1-2 working days.
February 4, 2020 -
481Securities & TradingSGX RegCo Launches Review of Regulatory Framework for Retail Bonds
The working group tasked with recommending changes to the framework comprises representatives from the Securities Investors Association Singapore, DBS, OCBC, and UOB, among others.
January 2, 2020 -
391AML / KYCSWIFT Opens KYC Registry to Corporate Groups
Enabling corporate groups on the KYC Registry allows them to improve how their KYC data is structured, while freeing up their banking partners from having to chase down documentation.
December 16, 2019 -
1.0KFintech / RegtechSingapore Brokerages to Enter Race for Digital Bank Licences
Domestic brokerages Phillip Securities and iFAST prepare to draw up applications digital banking licence to fend off competition from foreign entrants and domestic banks expanding into brokerage business.
December 4, 2019 -
437AML / KYCSingapore Company Director Jailed for North Korea Trade
The Singapore man was reportedly selling luxury goods to a North Korean shop, shipping the goods via Dalian, and receiving payment via front companies in China and Hong Kong.
November 26, 2019 -
342International
EP Association Adopts 4th Iteration of ‘Equator Principles’
DBS becomes the newest of 101 financial institutions to adopt the ‘Equator Principles’, a globally recognised framework for determining, assessing and managing environment and social risk in project finance.
November 21, 2019 -
600EnforcementICAC Charges Two for Conspiracy to Defraud Five HK Banks
Two operators of an SME conspired to defraud DBS Bank, HSBC, ICBC, Dah Sing Bank, Wing Hang Bank, the Trade and Industry Department, and the Hong Kong Mortgage Corporation.
October 28, 2019 -
668China
Singapore Banks Gain Access to China Interbank Bond Market
The PBOC will allow designated Singapore banks to offer trading and custody services for China’s bond market, starting with DBS.
October 18, 2019
