Kristal Advisor’s robo-advisory platform, Kirstal.ai, has been launched in Singapore with the help of the Monetary Authority of Singapore’s sandbox programme, according to Asheesh Chanda, Kristal’s founder.
Tag: Mas
MAS slaps lifetime ban on ex-wealth manager in 1MDB action
The Monetary Authority of Singapore (MAS) has issued prohibition orders against those involved in the 1Malaysia Development Berhad (1MDB) state fund breach, one of the world’s largest money laundering scandals in recent history.
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Arch rivals HK and SG sign fintech agreement
After years of competing in the fintech space, Hong Kong and Singapore have finally signed a fintech cooperation agreement, according to separate statements from the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS).
Singapore fines Credit Suisse and UOB for AML breach
The Monetary Authority of Singapore (Mas) has fined Credit Suisse and United Overseas Bank (UOB) and issued prohibition orders against three people following a two-year investigation into scandal-plagued wealth fund 1Malaysia Development Berhad.
MAS wants ethics training requirement
In the wake of the 1MDB scandal, the Monetary Authority of Singapore is consulting with the industry to introduce an ethics module in the exam taken by representatives appointed by financial advisers and capital markets intermediaries.
PGI plucks ex-MAS exec to head SEA business
Celestine Khoo, the former head of external fund management at Singapore’s regulatory body, has been hired by Principal Global Investors.
FATCA inches closer to law in Singapore
The Monetary Authority of Singapore (MAS) has published proposed regulations, enshrining Americas controversial tax Act FATCA into law.
Singapore not gaining from illicit flow
Singapore has put in place measures to prevent fund flows linked to anti-money laundering and tax avoidance from jurisdictions such as Switzerland, Monetary Authority of Singapore managing director Ravi Menon has said in an interview.
