Search Results for: Authority of Singapore
Two men charged with fraud in fake trading accounts scheme
September 7th, 2018
The Securities and Exchange Commission (SEC) charged two Michigan men with fraud for their roles in a fake accounts scheme perpetrated by a phony day-trading firm, Nonko Trading. The SEC alleges that Jeffrey Goldman of West Bloomfield, Michigan, and ...
Act with extreme caution when you are about to invest in cryptocurrencies
December 20th, 2017
Following the announcement issued by the Canadian Securities Administrators for the risks associated with cryptocurrency futures contracts, the Monetary Authority of Singapore (MAS) has issued an announcement to advise the public to act with extreme caution and understand the ...
MAS Sets Up International Advisory Panel for Cyber Security
September 20th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world. The CSAP will advise MAS on strategies to enhance the cyber resilience ...
Malaysia and Australia seal agreement on fintech cooperation
June 29th, 2017
On 27 June 2017 the Malaysia Securities Commission (‘SC’) and ASIC signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. Malaysia is a vibrant fintech destination. In 2015, Malaysia ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
MAS and ASBA sign FinTech MoU
June 9th, 2017
The Monetary Authority of Singapore (MAS) and the Association of Supervisors of Banks of the Americas (ASBA) today signed a FinTech MoU (Memorandum of Understanding) to bolster FinTech ties between Singapore and the Americas. The MOU provides a framework ...
Wikipedia vs. Banc De Binary: A 3-year battle against binary options ‘fake news’
June 1st, 2017
Binary options fraudsters employ experts to outwit Google, create laudatory news sites, engage on social media — anything to encourage new victims and keep the truth from coming out. One key battlefield: The online encyclopedia If you’re the strategist ...
Financial Penalties Imposed on Credit Suisse and UOB for 1MDB-Related Transactions
May 30th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas ...
Development of FinTech innovation within the ASEAN region; IFC and MAS collaboration
May 24th, 2017
IFC and Monetary Authority of Singapore Collaborate to Advance FinTech Innovation in Asia IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation, agreeing to work together to establish ...
ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services
April 21st, 2017
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation ...
