07/24/2025
As a result, ASIC claims Fortnum exposed the company, its authorised representatives (ARs) and clients of its ARs to an unacceptable level of risk of a cyber-attack or a cybersecurity incident.
07/23/2025
There were significant deficiencies in IOBHK’s transaction monitoring mechanism and management oversight of the bank’s anti-money laundering and counter-financing of terrorism controls.
07/23/2025
This is the first year that Carey Olsen's family wealth management practice has featured as one of the best in the market in the Awards
07/22/2025
Chow underscored the growing difficulty of establishing beneficial ownership amid inconsistent global standards, a challenge exacerbated by varying regulatory approaches across jurisdictions.
07/22/2025
MAS and the Financial Sector Development Fund (FSDF) will place an initial amount of S$1.1 billion for management with these appointed managers.
07/22/2025
Based in Carey Olsen's litigation, insolvency and restructuring team in Singapore, Helen has received a number of accolades for her work in this space.
07/21/2025
The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.
07/21/2025
The rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, said the gatekeeper of the world’s central banks
07/21/2025
The decision not to grant Tokenize’s parent company, Amazingtech, a Major Payment Institution (MPI) license effectively bars the firm from continuing its digital payment token services in Singapore.
07/17/2025
Assets under management increased 12.2 percent to a new high of over S$6 trillion ($4.7 trillion).
07/16/2025
This prosecution demonstrates ASIC’s commitment to ensuring dishonesty in the credit and financial services industry is penalised.
07/16/2025
This matter is being prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP) following a referral from ASIC.
07/16/2025
UK pledges up to £70 million to support Singapore’s FAST-P initiative to support clean energy transition and regional energy security
07/16/2025
Foreign assets, representing the external assets of the Exchange Fund, increased during the month by HK$9.5 billion to HK$3,596.2 billion.
07/11/2025
The securities regulator ASIC has provided some regulatory exemptions during the six month span of the project.
07/09/2025
The Australian Prudential Regulation Authority (APRA) has begun consulting on proposed changes to its bank prudential and reporting frameworks to phase out Additional Tier 1 (AT1) capital instruments.
07/08/2025
On 28 October 2024, the Federal Court found that while the pre-existing condition term was liable to mislead the public, it was not unfair.
07/08/2025
ASIC found that Mr King’s conduct was dishonest
07/08/2025
The SFC will continue to proactively collaborate with the VATPs via the DACP as part of the initiative in Pillar Re (Relationships) of the SFC’s ASPIRe roadmap.
07/07/2025
The present suite of actions marks the conclusion of MAS’ enforcement actions against FIs with material nexus to the major ML case.