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Posted on 23/06/2023

KPMG Singapore names Lee Sze Yeng as first female managing partner; commits $50m for innovation, ESG

Ong Pang Thye will step down on Oct 1 and be succeeded by deputy managing partner and head of audit Lee Sze Yeng. Read more at straitstimes.com.

Posted on 23/06/2023

Phishing attempts on Singapore targets rose 175% to 8,500, with banking sector most spoofed in 2022

The heightened cyber threat environment last year was fuelled by geopolitical conflict and opportunism as COVID-19 restrictions eased, says the Cyber Security Agency of Singapore.

Posted on 23/06/2023

OCBC is first local bank to offer fully digital account opening services for foreigners

The service will enable them to open Singapore-dollar and multi-currency accounts on the OCBC Digital app remotely and within minutes. Read more at straitstimes.com.

Posted on 23/06/2023

Jail for Singapore woman who swindled Pokemon card buyers of nearly S$217,000, also cheated to get iPhones from Singtel

After being told by a woman that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close ...

Posted on 23/06/2023

Filipino couple holds lavish ‘Crazy Rich Asians’-inspired wedding in Singapore

A Filipino couple went viral after the bride’s sister shared a video of their lavish wedding, which was inspired by the hit 2018 movie “Crazy Rich Asians” held in Singapore. It shows snippets from the wedding of her sister JM Tiongco,

Posted on 23/06/2023

From Coldplay to Taylor Swift, How Singapore Has Become a Favorite Venue for Top Artists—And Why That’s Upsetting Fans

The small city-state has become the go-to destination for big acts—including Coldplay and Taylor Swift—frustrating fans across Southeast Asia.

Posted on 23/06/2023

Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing

A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7.

Posted on 23/06/2023

Crypto Firm Ripple Secures License To Operate In Singapore

Ripple’s expansion into Singapore comes as the U.S. Securities and Exchange Commission has charged the crypto firm with conducting an illegal securities offering that raised more than $1.3 billion U.S. through sales of the XRP digital token. Ripple ...

Posted on 23/06/2023

Ripple Secures Approval to Offer Digital Asset Services in Singapore

Ripple said that less than 20 crypto-related companies have secured in-principle approvals and licenses in Singapore so far. The Monetary Authority of Singapore (MAS), the state’s central bank and financial watchdog, granted these permits. The approval ...

Posted on 23/06/2023

Singapore’s Monetary Authority unveils innovative guidelines for crypto assets

The Monetary Authority of Singapore (MAS) has taken a significant stride towards creating a uniform regulatory framework for using crypto assets. MAS has proposed a comprehensive set of guidelines to govern the evolving digital currency landscape in a ...

Posted on 23/06/2023

Angry with slow Wi-fi, Singapore tenant tries to strangle landlady

A 30-year-old man tried to strangle his landlady in Singapore after he flew into a rage over the slow Wi-fi speed in his apartment, according to reports.Local media reported that Li Xin pleaded guilty ...

Posted on 22/06/2023

MAS fines DBS, OCBC, Citibank and Swiss Life for Wirecard breaches

The Monetary Authority of Singapore (MAS) has fined banks DBS, OCBC, Citibank and insurer Swiss Life a total of SG$3.8 million for breaching requirement on anti-money laundering and countering the ...

Posted on 22/06/2023

Taylor Swift fans reportedly caused UOB card application surge

SINGAPORE — Applications for UOB debit and credit cards surged after it was announced that the bank's credit and debit cardholders will have privileged access to the pre-sale window and general ...

Posted on 22/06/2023

QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade on Regulated Platform Using Bitcoin as Collateral

Singapore-based QCP Capital and Japan-based SBI Alpha Trading on Thursday said they executed an over-the-counter (OTC) crypto options trade on a regulated platform without involving a clearing house, the first such transaction in the digital asset industry.

Posted on 22/06/2023

Enterprise Blockchain Firm Ripple Secures In-Principle Regulatory Approval in Singapore

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the ...

Posted on 22/06/2023

Ripple receives in-principle regulatory approval in Singapore

The crypto exchange has been actively expanding its presence in Singapore, doubling its number of employees in the Asia Pacific headquarters in 2022. Singapore has seen a majority share of ODL transactions flowing through the city-state, making it a ...

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