Tag: MAS
MAS VCC crackdown: Expect “robust scrutiny,” wealth managers warn
Singapore pulls tax perks for family offices tied to Cambodia’s Prince Group
Singapore, Hong Kong regulators sharpen focus on digital assets
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
