Thong Chee Kun and Gazalle Mok from Rajah & Tann Singapore tell Regulation Asia that it is crucial for real estate developers and agents to conduct regular risk assessments and AML training to identify evolving money laundering risks and techniques.
September 19, 2023Under the agreement, Singapore's carbon tax-liable companies can purchase carbon credits from eligible projects to offset up to 5 percent of their taxable emissions.
August 24, 2023Singapore's sustainability reporting advisory committee studied ISSB’s exposure draft closely and consulted several stakeholders before making major climate reporting recommendations, chairperson Esther An told Regulation Asia.
July 6, 2023Organisations with annual turnover exceeding S$10mn are liable for penalties for data breaches worth up to 10% of annual turnover.
October 3, 2022IMDA proposes a transition period from October until the end of this year to give organisations time to register their sender IDs.
August 18, 2022The measures include an emergency self-service ‘kill switch’, enhancements to fraud surveillance systems, and additional customer confirmations.
June 3, 2022The six-month operation led to 585 arrests, more than 1,600 bank account freezes, and the interception of USD 83 million in illicit funds.
June 2, 2021A mismatch between demand and supply means that Singapore will have to continue to depend on foreigners to fill growing vacancies for technology jobs.
May 12, 2021Exchanges warned against facilitating trading in digital tokens which constitute securities or futures contracts without MAS authorisation; ICO representing equity ownership halted.
May 28, 2018Revised requirements including increased granularity and rationalisation of data in submissions; set to take effect on 1 October 2020.
May 23, 2018