01/17/2020
The SC says the guidelines will become effective in the second half of 2020 to allow potential issuers, platform operators and investors to familiarise themselves with the rules.
01/17/2020
He initially delivered strong returns but the victim could not access them.
01/16/2020
The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings.
01/15/2020
The State Bank of Vietnam has been invited to become a member of the Bank for International Settlements (BIS), the first expansion of the prestigious international financial institution's central bank membership base since 2011.
01/15/2020
The SFC would like to make clear that the standards assessed in the case of UBS are equivalent to those that are expected to be adopted by all licensed sponsors
01/15/2020
The move is part of government efforts to build on Singapore’s traditional strength as a financial center and reduce the economy’s reliance on more volatile sectors such as trade.
01/15/2020
VCCs are also eligible for tax exemptions.
01/15/2020
The Financial Rights Legal Centre and Consumer Action Law Centre says the enhanced privacy protections in the government's consumer data right legislation are crucial to protect customers
01/14/2020
Independent asset manager Raintree Asset Management, run by Bank of Singapore’s former DPM head, has started onboarding clients.
01/13/2020
Makoto Kinone talks to Arab News during Japanese Prime Minister Abe’s visit to the Gulf
01/13/2020
Impact could be huge if licensed firms use city-state as gateway to region
01/13/2020
Tonik believes the Philippine banking sector was ripe for a digital disruption, in line with the trend in other markets, where digital-only “neobanks” have rapidly captured millions of customers and attracted over $5 billion of global investor
01/13/2020
It is asking respondents to reply with conceptual architecture of their proposed solution, the cost of implementation, risks and benefits.
01/12/2020
Crypto-investors and users, as well as crypto-asset service providers, are exposed to high risks.
01/12/2020
Former chairman Jiang Xiyun was found guilty of corruption and sentenced to death in December, with a two-year reprieve.
01/12/2020
FSS to keep tight grip over asset manager throughout dispute settlement process
01/12/2020
The arbitral tribunal arrived at a split decision on the question of its jurisdiction, with the majority determining the issue in favour of the seller.
01/10/2020
Banking complaints include cases concerning general banking services and conduct-related issues.
01/10/2020
The FIL requires that within a five-year transitional period, existing FIEs shall reform their corporate governance structures
01/09/2020
APRA’s onsite inspections are part of a strategy to strengthen and sharpen governance, culture, remuneration and accountability frameworks across the industry following widespread opinion that it needed to take a tougher line.