Tag: Singapore

Financial crime regulation is undergoing rapid transformation across Southeast Asia and Australia, with authorities moving to tighten frameworks and provide clearer enforcement guidance. The changes...

The Asia-Pacific region remains a compelling growth destination for global financial firms, despite facing significant regulatory and geopolitical complexities. According to the latest ASIFMA 2025 Asia-Pacific Capital Markets Survey, now in its fourth year, there is a strong sense of optimism among firms looking to deepen their presence across the region.

The Financial Action Task Force (FATF) has released new guidance aimed at helping countries and financial institutions strike a better balance between combating financial...

Singapore is considering introducing caning as a punishment for scammers, following a surge in fraud-related financial losses that placed the country at the top...

CYFIRMA, a Singapore-based cybersecurity company, has received a strategic investment from MDI Ventures, the venture capital arm of PT Telekomunikasi Indonesia Tbk (Telkom Group).

Blackpanda, a leader in cyber emergency response based in Asia, announced a strategic funding boost of $6.7m today.

Singapore's Ministry of Home Affairs (MHA) is set to introduce a groundbreaking Protection from Scams Bill aimed at combating the rising tide of online fraud.

Money laundering continues to pose a significant threat across the Asia Pacific region, with sophisticated tactics challenging financial institutions. As technological advancements emerge, so too do the strategies of those intent on manipulating financial systems. In response, both regulatory bodies and financial institutions are developing innovative approaches to counter these threats.

In a significant move set for October 2024, the MAS will implement changes to the over-the-counter (OTC) derivatives reporting requirements.

Singapore has launched its National Asset Recovery Strategy as announced by Prime Minister and Minister for Finance, Lawrence Wong.