MAS

The scandal of S-chips - THE EDGE SINGAPORE

1000th issue

The scandal of S-chips

Unfortunately, even after these years, reports of S-chips getting into trouble still crop up occasionally
MAS reprimands AIA Financial Advisers, Prudential, and two Aviva entities  - THE EDGE SINGAPORE

Regulatory Action

MAS reprimands AIA Financial Advisers, Prudential, and two Aviva entities

MAS expects financial institutions to ensure that their representatives place their customers' interests first
MAS issues requirements to strengthen financial institutions' identity verification process; asks institutions to review security controls amid Covid-19 - THE EDGE SINGAPORE

Disruption and Digitalisation

MAS issues requirements to strengthen financial institutions' identity verification process; asks institutions to review security controls amid Covid-19

Moving forward, information such as NRIC numbers, addresses and birth dates will not be used as the sole means of identification.
Hedge fund investor Dalio sends US$25 mil to start Sustainable Market Principles Program at WMI - THE EDGE SINGAPORE

Finance

Hedge fund investor Dalio sends US$25 mil to start Sustainable Market Principles Program at WMI

Dalio's principles can be applied to policy-making and not just investing, says WMI CEO Foo Mee Har
Singapore AUM up 15.7% to $4 trillion in 2019: MAS - THE EDGE SINGAPORE

Singapore economy

Singapore AUM up 15.7% to $4 trillion in 2019: MAS

The growth was broad-based across traditional and alternative assets, according to the central bank.
New Silkroutes Group and former executive director Oo under CAD probe - THE EDGE SINGAPORE

Management & Corporate Governance

New Silkroutes Group and former executive director Oo under CAD probe

Teho International named Oo's involvement in the CAD probes

Management & Corporate Governance

EC World REIT CIO Li quits amid CAD probe

Goh Toh Sim, CEO of the REIT manager, will continue to oversee and be involved in the investment and asset management functions.

Management & Corporate Governance

AGV under CAD and MAS probe

An unnamed director has given his statement to CAD

Singapore economy

MAS refutes reports of strong fund flows from Hong Kong

No single region or country source dominates, said MAS.

Covid-19

Offer documents in soft copies allowed

Under existing rules, printed copies of the offer documents are to be sent but printers aren't fully operational under current circuit breaker measures
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