Singapore
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
Majority of its on-demand liquidity transactions flow from Singapore, the company said.
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
Majority of its on-demand liquidity transactions flow from Singapore, the company said.
MAS completes investigation on Citadelle; no further action taken
Citadelle did not breach the Trust Companies Act, according to MAS.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
MAS suggests digital money standards through whitepaper
The paper includes technical specifications detailing the entire lifecycle of purpose bound money.
Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's
The bank hopes to keep a low problem loan ratio of around 0.5%.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
CIMB Singapore launches CIMB Bank Express
It uses chat bots, anamorphic displays, and interactive screens to support self-service banking.
MAS provides Sygnum IPA for licence
This expands their offering of regulated crypto brokerage service.
SG banks strong and stable despite uncertain AT1 issuance market: experts
Banks are ramping up AT1 bond issuances after the Credit Suisse wipeout put a halt on issuances, observers said.
UOB outlook stable despite muted operations: Moody’s
Its recent acquisition will contribute positively to profitability.
StanChart, SMU establish programme for women entrepreneurs
The bank funded $300,000 for the incubator.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS
Both banks will operate on separate licences in Singapore.
How Maybank SG's YES fuels tech growth of new SMEs
Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
MAS to set expectations on credible transition planning
The guidance will cover FIs governance frameworks in managing climate-related financial risks.
Circle Singapore secures MPI license from MAS
The company can now provide digital payment token services, cross-border money transfers, amongst others services.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. Morgan Stanley opens Southeast Asia headquarters in Singapore 3. Southeast Asia’s digital banks – the road from good to great 4. Aleta Planet provides cross-border payments for China’s Jinnan 5. More tax perks could drive Philippine SMEs to go ‘green’Resource Center
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