MAS

Management & Corporate Governance

EC World REIT CIO Li quits amid CAD probe

SINGAPORE (July 18): Li Jinbo, chief investment officer of EC World REIT, has resigned to take a “new job”, the REIT manager, EC World Asset Management said in a July 17 filing.

Management & Corporate Governance

AGV under CAD and MAS probe

SINGAPORE (July 1): Steel galvanising company AGV Group is under probe by the Commercial Affairs Department and the Monetary Authority of Singapore.

Singapore economy

MAS refutes reports of strong fund flows from Hong Kong

SINGAPORE (June 7): The Monetary Authority of Singapore (MAS) has refuted recent reports suggesting large flows of deposits from Hong Kong to Singapore.

CoVid-19

Offer documents in soft copies allowed

SINGAPORE (May 6): The financial industry regulators have given the go-ahead for listed companies and parties involved in rights issues or takeover offers to send out soft copies of the offer docum

Oil

MAS tells banks not to pull lines on oil players here 'indiscriminately'

SINGAPORE (Apr 21): The Monetary Authority of Singapore has told banks here not to “de-risk indiscriminately” from the bunkering and oil trading sectors.

REITs

MAS raises gearing limit to 50%, defers ICR implementation, MOF, IRAS extend timeline for tax transparency

SINGAPORE (Apr 16): On Apr 16, the Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) announced that MOF and IRAS will extend

CoVid-19

MAS to delay results of digital banking licenses bid till end of the year

SINGAPORE (Apr 9): The keenly fought for digital banking licenses will only be given by end of the year instead of the middle of the year, said the Monetary Authority of Singapore.

CoVid-19

MAS tells banks to implement safe distancing measures

SINGAPORE (March 23): The Monetary Authority of Singapore (MAS) is asking all financial institutions here to adopt safe distancing measures, as part of the bid to prevent further local transmission

Fintech

Sea, another Temasek-linked company, joins digital bank licence bid

SINGAPORE (Jan 7): Sea Limited, which started as an online gaming company, is going solo in its bid for a digital full bank licence here in Singapore, targeting millennials and SMEs.

Fintech

Ron Sim, Far East, SBF and Temasek unit Heliconia set sights on SME market with digital bank license bid

SINGAPORE (Jan 5): A consortium of big local names including a Temasek-linked entity Heliconia, developer giant Far East Organization and Ron Sim-chaired V3 Group has announced that a bid for one o

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