
Tag: MAS


MAS will not tighten wealth industry’s AML requirements further

AML probe won’t dent Singapore wealth ambitions: APB Pulse

February Regulatory Round-up: HKMA urges banks to implement vaccine passports

January Regulatory Round-up: Concerns over hype surrounding crypto-assets

December Regulatory Round-up: HKMA raises banks’ awareness of climate risks; HK, S’pore regulators join forces in curbing ramp-and-dump schemes; Singapore and China widen financial cooperation

Citi Singapore partners with APIX to expedite solutions launched for institutional clients

Singapore’s WMI to double capacity in city’s latest family office push

IAM nabs veteran Southeast Asia banker from Credit Suisse

September regulatory round-up: WM Connect and Southbound Bond Connect launched; International FIs expand in China; HK and S’pore regulators issue SPAC listing rules

Project e-VCC to become trailblazer for blockchain-native securities in Singapore

Temasek sets up PE investment platform to nurture Singapore IPOs

Singapore and Thailand boost financial ties with securities linkage

Singapore to launch federated learning platform to improve overall banking efficiency

Singapore urges local finance professionals to venture abroad for work

MAS announces finalists of global Central Bank Digital Currency challenge

August Regulatory Round-up: SFC fines UBS over multiple reg breaches; HK and SG regulators promote use of AML regtech; China strikes balance between inclusive growth and foreign investment

MAS and US Treasury sign MoU on cybersecurity cooperation

MAS launches global challenge for retail CBDC solutions

May Regulatory Round-up: Next steps in HK, SG mandatory reference check schemes; Minimum global corporate tax could benefit “jurisdictions with substance” such as SG and HK; Banks welcome further clarity on Wealth Connect

Hong Kong and Singapore finetune schemes to stop rolling bad apples, yet ambiguities remain

Riding wave of growing interest, Deutsche Bank opens ESG Centre of Excellence in Singapore

Nomura unveils e-FX trading platform in Singapore

MAS consults on scope of mandatory reference checks to deter “rolling bad apples”

April Regulatory Round-up: MAS fines J. Safra Sarasin for AML breaches; HKMA praises banks on AML info sharing; Absence of wealth tax in SG is key draw for U/HNWIs

Dearth of fintech talent in Singapore as financial sector employment outlook remains positive: MAS

DBS Bank to take major stake in Shenzhen bank for RMB 5.3 billion

MAS fines J. Safra Sarasin SGD 1 million for AML breaches

Mindful Wealth rolls out two VCC funds, dips into digital assets with blockchain partnership

Jan/Feb Regulatory Round-up: GBA Wealth Management Connect; warning against ramp-and-dump scams; 2021 priorities

Bank of Singapore deploys AI-powered analytics to track RM performance

MAS has higher expectations of technology risk governance and security controls at FIs

Bambu introduces ESG-integrated insight tool for PBs and AMs to counter greenwashing

MAS consults on management of “outsourced relevant services” by banks

World’s largest FinTech event opens in Singapore; MAS rolls out SGFinDex

MAS grants four digital banking licences to challenger banks

November Regulatory Round-up: Ant IPO suspension may signal private sector retreat; SFC reassures FIs on US sanctions vs. NSL; MAS 2021 enforcement focus may shift to PB

Singapore aims to be regional philanthropic hub: MAS

Lack of electronic solutions hinders HK and SG capital market activities: ASIFMA report

PB, WM good for second largest portion of newly created jobs at FIs: MAS survey

MAS enforcement priorities likely more PB focused in 2021

Wealth Management Institute introduces initiative to groom professionals in sustainable investing

Hong Kong’s multilingual environment poses difficulties for regs looking to use supervisory tech

MAS sandbox graduate launches blockchain-based bond exchange with UOB Kay Hian

September Regulatory Round-up: FinCEN leak; MAS’s individual accountability regime; removal of private OFC fund restrictions

FinCEN leak sheds light on overloaded financial intelligence units

Singapore accountability regime possibly more “operational heavy” than Hong Kong
