Monetary Authority of Singapore (MAS)
Loh Boon Chye joins BAML to head Asia global markets
Ex-head of corporate and investment banking at Deutsche Bank Asia-Pacific switches to Bank of America Merrill Lynch
Editorial: Getting a grip in Singapore
Editorial: Getting a grip in Singapore
SG opens door to Singapore retail investors as new financial adviser regime implemented
New rules governing the sale and distribution of structured products in Singapore are set to be put to the test with the first product issued since the Lehman Brothers bankruptcy
SG launches first structured product under Singapore’s revamped regulatory regime
French investment bank becomes the first player to meet the Monetary Authority of Singapore heightened standards for structured product issuance in the city-state
CFTC cross-border guidance a threat to ‘systemic stability’, say Asian regulators
Leading regulators from across Asia complain of the potentially negative impact of the US regulator’s latest proposals
S$1.5bn capital requirement no bar to incorporating Singapore retail operations
The attractions of Singapore’s retail market means MAS’s requirement for international banks to incorporate their local operations will be adhered to
Banks spend 25% of compliance budget on overseas regulation
New research finds banks face steep extraterritorial compliance costs
Use of PIT model neutralises impact of counter-cyclical capital buffer
Banks using a PIT model instead of a TTC model may receive a capital saving for the Basel III counter-cyclical capital buffer but such an approach might not be viewed as within the spirit of the rules by regulators
Singapore banks lukewarm on covered bonds
Banks in Singapore are unlikely to issue covered bonds in large amounts even if the local regulator’s consultation on the issue is successful
MAS brings Singapore regulations in line with global rules on OTC derivatives
Fears that a different approach to over-the-counter derivative regulations in Asia could prompt regulatory arbitrage with Europe and North America have been laid to rest by Singapore’s February consultation on OTC derivatives, explains Cindy Leiw of Isda
Singapore commodity derivatives regulation set for overhaul
Financial authorities in Singapore have recommended consolidating the oversight of all commodity derivatives and futures to one regulatory body, as part of a proposed broader move to regulate the country's derivatives market in line with international…
Market welcomes ‘pragmatic’ approach to central clearing by MAS
Singapore regulator wants central clearing but is agnostic over where it takes place
Singapore’s FX exemption welcomed as a sign of global consistency
A proposal by the Monetary Authority of Singapore to exempt forex swaps and forwards from mandatory clearing is seen as a positive move to harmonise treatment of foreign exchange with the US
On the move
On the move
SGX hires new regulatory and risk management chiefs
Singapore Exchange names Richard Teng as deputy chief regulatory officer and Sonia Zhang as head of risk management
SOR headache for Singapore banks as rates enter negative territory; MAS defends stance
Profits at banks in Singapore issuing mortgages and loans based on SOR may be severely dented as the rate turned negative for the first time last week and is predicted to remain this way in the medium term
On the move
People moves across Asia
MAS confirms finance minister as new chairman
The Monetary Authority of Singapore names Shanmugaratnam as part of ongoing management reshuffle
People
On the move
The Lehman Brothers aftermath rolls on
The Lehman caseload
MAS issues consultation paper for regulation of credit rating agencies
MAS issues consultation paper for regulation of credit rating agencies