08/30/2020
“Singaporeans are generally doing well in the financial sector, but MAS would like to see more of them move into the senior ranks,” the central bank said in the statement.
08/28/2020
The move is aimed at easing potential funding stress that could arise if volatility returns, and ensuring financial institutions can continue to provide funding to companies amid the Covid-19 pandemic.
08/28/2020
Pompeo was retweeted by Jimmy Lai, the owner of Apple Daily and a fierce critic of Beijing, who was arrested alongside Cheung.
08/28/2020
The report highlights siloed risk management approaches across banking operations, customer due diligence, sanctions screening and trade-based transactions as the root cause for systemic inefficiencies leading to fraud.
08/25/2020
The statement also welcomed the entry of foreign players into the estimated $45 trillion financial service industry in the midst of a historic opening across futures, securities, and mutual fund businesses.