Mas Archives - Fund Selector Asia

Singapore’s financial sector prepares for more enforcement action in 2025

Singapore braces for tightened compliance measures with a 22% increase in fines issued in 2024 from 2023, according to an industry report.

The proposals will address how the reports should incorporate International Sustainability Standards Board (ISSB) standards.

Rival UBS has agreed to buy the embattled investment bank for more than $3bn.

Regulator said he failed to file suspicious transaction reports related to 1MDB.

Loh Thim Mun Marcus was found to have transferred clients’ money to his personal account.

AutoCIO is an artificial intelligence (AI) platform that generates investment portfolios based on machine-learning-driven analysis.

The bank has to stump up an additional S$930m ($692.5m) in regulatory capital.

Three men have been arrested in connection with the probe into the firm’s unlicensed activities.

AUM in the Lion City grew at a double digit rate in 2020, thanks to the strong demand for private equity and real estate funds.

The four new platforms will be launched under Project Greenprint, which was announced last December.