Monetary Authority of Singapore

Enforcement

Singapore: Former CEO, Three Others Charged for False Trading Offences

By Mark Johnston | 20/09/2023

Goh Jin Hian, the son of former PM Goh Chok Tong, allegedly conspired with three others to create a misleading appearance of the price of New Silkroutes securities.

Crypto / Digital Assets

Industry Collaboration Driving Digital Asset Ecosystem Growth

By Ranamita Chakraborty | 20/09/2023

At the Digital Assets Week Singapore, MAS highlighted its focus on bringing the private and public sectors to grow the digital asset ecosystem.

Enforcement

MAS Publishes Latest 18-Month Report on Enforcements

By Editors | 20/09/2023

For 2023 and 2024, MAS will prioritise enforcement in the digital asset ecosystem as well as regulatory compliance by asset and wealth managers.

AML / KYC

Singapore to Consult on Scam Loss Sharing Framework Next Month

By Editors | 19/09/2023

Minister Alvin Tan said the government aims to publish a consultation paper on the “Shared Responsibility Framework” next month, focusing on phishing scams as a start.

Fintech / Regtech

Singapore Banks Integrate Anti-Malware Feature in Mobile Apps

By Editors | 19/09/2023

The security feature enables banks to block access to their mobile apps and alert the customer if malware is detected on their device.

Crypto / Digital Assets

Citi Become First Digital Custodian on BondbloX Bond Exchange

By Editors | 18/09/2023

Citi clients can become participants of BondbloX Bond Exchange to trade both fractionalised and full-sized bonds.

Crypto / Digital Assets

Stablecoin Summer: How Three Months of Policy And Innovation Could Shape the Future of the Ecosystem

By Ari Redbord | 18/09/2023

Ari Redbord and Angela Ang discuss recent developments which made the summer of 2023 a hot one for stablecoins.

Enforcement

MAS Imposes 9-Year Ban on Directors of Three Arrows Capital

By Manesh Samtani | 15/09/2023

MAS reprimanded the bankrupt crypto hedge fund for regulatory violations last June. The regulator has since uncovered additional violations.

Crypto / Digital Assets

“Consistency” and “Cooperation” To Form Next Steps in Crypto Regulation

By Jill Wong | 15/09/2023

Chengyi Ong, Chainalysis’ head of policy, APAC, talks to Regulation Asia about the perceived policy direction in crypto regulations.