Singapore

    image

    Ravi Menon Reported to be Leaving MAS This Year

    By Editors | 20/04/2023

    Ravi Menon is MAS’ longest-serving managing director. Former deputy managing director Chia Der Jiun is tipped to be Menon’s successor.

    image

    Market Infrastructure

    NSE IFSC-SGX Connect to Fully Launch on 3 July

    By Editors | 18/04/2023

    SGX will migrate all open positions in SGX Nifty to the relevant NSE IFSC NIFTY contracts during the weekend of 30 June.

    image

    AML / KYC

    New Singapore Bills Target Money Mules, Singpass Abuse

    By Manesh Samtani | 18/04/2023

    The MHA and SNDGO proposed amendments that will empower the police to prosecute money mules and those who sell and trade Singpass credentials.

    image

    Securities / Derivatives

    MAS: “Much Room for Improvement” in Issue Manager Conduct

    By Editors | 18/04/2023

    MAS identified issue managers that did not perform conflict-of-interest checks, background checks on EDs and controlling shareholders, and site visits to issuers’ material assets.

    image

    MAS Maintains Monetary Policy Stance, Warns of Slow Growth

    By Editors | 14/04/2023

    MAS said its five successive monetary policy tightening moves since October 2021 have “tempered the momentum of price increases”.

    image

    AML / KYC

    UPDATED – Singapore Bankers Asked to Avoid Discussing Inflows from China

    By Editors | 14/04/2023

    Regulators asked private bankers to avoid attributing large fund inflows to Chinese wealth as this is seen as a politically sensitive issue.

    image

    Crypto / Digital Assets

    Singapore to Set Crypto Client Onboarding Standards for Banks

    By Editors | 10/04/2023

    The “industry-driven project” has been ongoing for about six months, with participation from MAS and Police in a banks-led working group.

    image

    Securities / Derivatives

    SET to Streamline Market Data Licensing Processes

    By Editors | 07/04/2023

    The Stock Exchange of Thailand has partnered with DataBP to launch a new online platform that will simplify reporting and standardise market data administration.

    image

    Fintech / Regtech

    APAC Regulators Form New Forum to Address Cloud Risk

    By Sanday Chongo Kabange | 06/04/2023

    MAS assistant managing director Vincent Loy said the twice-a-year forum will help APAC regulators and CSPs ensure greater resilience of cloud adoption in the financial sector.

    image

    Fintech / Regtech

    IMDA Conducts Paperless Cross-border Trade Using ETR

    By Sanday Chongo Kabange | 04/04/2023

    A paperless live shipment from Singapore to Thailand was successfully conducted through collaboration between IMDA, ExxonMobil, VLK and Bunkerchain.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.