All posts tagged "Merchant Banks"
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3.9KSecurities & TradingMAS Best Execution Requirements to Take Effect in March 2022
Following from a November 2017 consultation paper, MAS has set an 18-month transitional period for Singapore financial firms to comply with best execution requirements.
September 4, 2020 -
954Market Infrastructure
MAS 610/1003 Pilot Testing Gateway Set for April Launch
A six-month parallel reporting phase for the new MAS 610/1003 returns was meant to start from 1 April, but this was pushed forward by three months earlier in the year.
March 2, 2020 -
1.3KCapital Regulation
Singapore Banking Amendment Bill Introduced in Parliament
The bill will remove the DBU-ACU divide, expand the grounds for which MAS can revoke bank licences, and empower MAS to regulate outsourcing arrangements.
November 5, 2019 -
707Market Infrastructure
MAS Proposes Consolidated Regulation, Licensing for Merchant Banks
MAS is consulting on proposals to consolidate regulation of merchant banks under the Banking Act, and to move them to a licensing regime.
May 22, 2019 -
900Capital RegulationMAS Consults on Revised Capital Requirements for Singapore Banks
The central bank has opted to use its national discretion in key areas in credit, market and operational risk management.
May 8, 2019 -
769Asia-PacificBangladesh Exchanges Lobby for Lower Taxes to Spur Capital Market
The Dhaka and Chittagong stock exchanges have asked for tax cuts on dividends, bonds, stock transactions, and their own income, in a bid to catalyse Bangladesh's capital markets.
April 8, 2019 -
4.5KContributed Article
MAS Publishes Finalised Mandatory Trading Regulations for Derivatives
Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.
March 19, 2019 -
1.1KFeature
MAS Consults on Revisions to Banking Act
Among the amendments are proposals to expand the grounds for which MAS can revoke a bank licence, and expanded circumstances for auditors to report on a bank's financial soundness.
February 8, 2019 -
3.9KFintech / Regtech
MAS Proposes New Requirements for Banks’ Outsourced Functions
The proposals will expand MAS' powers to impose requirements on banks' and merchant banks' outsourcing arrangements, regardless of where outsourced functions are performed.
February 8, 2019 -
567Asia-PacificBangladesh to Raise Capital Requirements on Stock Brokers, Merchant Banks
New capital requirements will be imposed on stock brokers, merchant banks, asset managers and institutional portfolio managers.
March 15, 2018
