Products mis-selling, breaches of business conduct rules and serious impropriety most investigated.
Tag: Monetary Authority of Singapore
Singapore’s MAS to add client ID verification requirements
As lack of face-to-face interaction increased risk of identity theft and misuse of personal information.
Singapore rolls out S$35m grant to boost regtech uptake
Small firms will be able to access funding to improve digital reporting to watchdog.
MAS bans ex-UBS Singapore employee
While representing UBS Singapore, he had forged documents and falsified company emails, the regulator said.
Nikko AM launches SGD corporate bond ETF
Nikko Asset Management Asia has listed a corporate bond ETF in Singapore and the regulator MAS is reportedly a seed investor.
MAS bans six in misconduct sweep
Banned from providing financial advice services in Singapore are former Citibank, Prudential and AIA employees after they were found to have mis-sold investment products.
Opt in or out? Singapore’s accredited investors must choose
Recent defaults on bond payments by companies such as Swiber Holdings last year offer validation for the Monetary Authority of Singapore’s (MAS) push for enhanced investor protection.
Singapore and China eye mutual recognition of funds
In a recent agreement to strengthen links between the two countries, the Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) said they would explore an MRF scheme.
In case you missed it – Funds and Futures News
Malaysian stock picker says “fund management is boring”; BNY Mellon IM creates client services role; Australia’s Insight Investment poaches from Barings for global distribution role; Allianz GI launches an SGD income fund in Singapore; Eastspring and Phillip Securities enter distribution agreement in Indonesia; Mass Mutual sells its Hong Kong business to Jack Ma-backed Yunfeng Financial; and more…
Singapore warns investors on virtual currency investments
As virtual currencies grow in value, Singapore’s Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) are warning investors about the risks of virtual currency-related investment schemes.
