He pleaded guilty to the charges but is now disputing the amount of losses that the bank had suffered.
This article will discuss the main changes introduced by the Moneylenders Amendment Act 2018.
This article provides a summary of the key changes to the 2018 Guide.
MAS is now proposing to switch the exemption regime from a case-by-case approval to a post-fact notification approach.
Published: 06 Dec 2018
The Bill, once passed, represents a significant milestone in consolidating, streamlining and modernising existing payments legislation as part of Singapore's payments roadmap to 2020.
The public consultation phase for the Sandbox Express will conclude on 13 December 2018.
These measures were implemented to reduce borrowing costs, while allowing moneylenders to remain commercially viable.
It wants issue managers to be independent of listing applicants.
Financial Industry Disputes Resolutions Centre received 1,266 complaints for year to June.
Published: 26 Nov 2018
This article discusses the exciting possibilities that blockchain technology creates both the "traditional" financial services industry and the so-called "disruptors".
These requirements are consistent with the “Supervisory framework for measuring and controlling large exposures” (“Basel Framework”).
Judge says insurer AXA had no reason to wait for outcome of contractor's court application.
Introduced: 20 Nov 2018
The Guidelines, issued on 8 Oct 18, apply to all financial institutions offering or seeking to offer digital advisory services in Singapore.
Digital payment service providers that fall outside current regulatory schemes can expect to be licensed under a new regime that was proposed yesterday in Parliament.
Laws being updated to beef up deterrence, boost fight against such crimes: Josephine Teo.
Published: 19 Nov 2018