The Monetary Authority of Singapore also slapped BSI with a $9.5m fine and sent six senior managers and staff to the public prosecutor to evaluate whether they have committed criminal offences.
Tag: The Monetary Authority of Singapore
Singapore widens retail investor bond access
Retail investors are now able to invest in a suite of bonds previously closed to them after the Singapore Exchange introduced a new “bond seasoning framework”.
Five funds approved ASEAN passporting initiative
Regulators have approved five funds for participation in the cross-border ASEAN fund passport initiative.
Singapore China start direct currency trading
Singapore and China have begun direct trading of the Singapore dollar and the Chinese Yuan to promote the international use of the Chinese currency for trade and investment.
Unusual trading prompts review of SGX
The Monetary Authority of Singapore and the Singapore Exchange have drawn up plans to strengthen the securities market after shares in three companies unexpectedly plummeted on the same day last year.
MAS allows local financial institutions for RQFII licence
The Monetary Authority of Singapore is to allow eligible financial institutions to apply for a licence permitting them to invest in China’s onshore securities market.
Singapore Malaysia Thailand in fund offering pact
The Monetary Authority of Singapore, the Securities Commission of Malaysia, and Securities and Exchange Commission of Thailand have entered into an agreement to facilitate cross-border offering of collective investment schemes to retail investors in the three countries.
