Monetary Authority of Singapore

    AML / KYC

    MAS Details Enforcement Outcomes, Priorities in Inaugural Report

    By Manesh Samtani | 20/03/2019

    The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.

    Market Infrastructure

    MAS Publishes Finalised Mandatory Trading Regulations for Derivatives

    By Kai Loon Loh | 19/03/2019

    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.

    Market Infrastructure

    For Cybersecurity Best Practice, Look to the Finance Industry

    By Pieter Danhieux | 14/03/2019

    Security expert Pieter Danhieux discusses how firms can improve culture, training programmes and coding practices, to help the financial industry maintain leadership in cybersecurity.

    Market Infrastructure

    MAS, CFTC Agree to Mutually Recognise Derivatives Venues

    By Editors | 14/03/2019

    The agreement enables US and Singapore OTC derivatives participants to trade with one another on the same platforms, allowing for more efficient risk management.

    AML / KYC

    Anarchy in the UK’s Sanctions Regime

    By Eric A. Sohn | 13/03/2019

    In light of the OFSI’s recent fine on Raphaels Bank, Eric Sohn at Dow Jones Risk & Compliance looks at other seemingly outsized penalties, and what they could mean.

    Big Picture

    MAS’ Ravi Menon on Blockchain Misconceptions – Speech

    By Manesh Samtani | 11/03/2019

    In a recent speech, MAS managing director Ravi Menon shared his views on blockchain, common misconceptions and use-cases where the technology shows the most promise.

    Market Infrastructure

    MAS Enhances Guidelines on Technology Risk, Business Continuity

    By Editors | 08/03/2019

    Both guidelines under consultation continue to emphasise the importance of risk culture, and the roles of the board and senior managers in technology risk and business continuity management.

    Fintech / Regtech

    MAS Centralises Technology Functions to Drive Digital Transformation

    By Editors | 07/03/2019

    The MAS’ new Technology Group will centralise its technology capabilities and strengthen supervision of technology risks in the financial sector.

    Market Infrastructure

    Are We Ready for the Next Financial Crisis?

    By Adrien Vanderlinden | 05/03/2019

    DTCC’s Adrien Vanderlinden explores the biggest threats to financial stability 10 years after the financial crisis, and how Asia is responding to potential cyber-threats.

    Market Infrastructure

    EU, Singapore Agree to Mutually Recognise Derivatives Venues

    By Editors | 21/02/2019

    Singapore and EU-based firms will be able to trade derivatives on approved platforms based in either jurisdiction following proposed equivalence decisions by both regulators.

    JOIN OUR NEWSLETTER

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