The law allows authorities to halt bank transactions if there is compelling evidence an account holder is about to transfer money to a scammer.
Standard Chartered Bank Faces $2.7 Billion Lawsuit Over Alleged Role in 1MDB Fraud
KUALA LUMPUR (Reuters) -Liquidators seeking to recoup misappropriated funds from Malaysia's sovereign wealth fund 1MDB have filed legal proceedings against Standard Chartered Bank in Singapore over ...
Standard Chartered Sued in Singapore Over Alleged Role in 1MDB Fraud
Liquidators seeking to recover billions in misappropriated funds from Malaysias sovereign wealth fund, 1MDB, have launched legal action against Standard Chartered Bank in Singapore. The lawsuit, filed ...
KKR Launches Financial Advisory Platform in Singapore
Private-equity firm KKR has launched a new financial advisory platform in Singapore, aiming to support firms in enhancing their technology and strengthening customer management. The platform, Ascend ...
KKR starts financial advisory platform to widen choices for Singapore consumers
SINGAPORE] Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customer more choices. Read more at The Business Times.
Wealthtech Disrupts Singapore’s Investment Landscape as Digital Adoption Accelerates
Wealthtech is reshaping Singapore’s wealth management sector as both startups and incumbent financial institutions ramp up digital transformation to meet ...
Singapore police can now freeze bank accounts to protect scam victims
Singapore police now have the power to block scam-related financial transactions, as the Protection from Scams Act 2025 comes into force today, 1 July 2025.
Singapore to enforce new anti-scam law on Tuesday (July 1 ); move protect individuals targeted by scammers
Singapore's new law, which enables the police to better protect individuals targeted by ongoing scams, will come into effect on Tuesday (July 1), according to the Ministry of Home Affairs (MHA).
Anti-scam law that lets police freeze potential victims’ bank accounts to kick in on Jul 1: MHA
SINGAPORE] Singapore police will soon be able to restrict bank transfers of individuals suspected of being scam targets to better protect them, said the Ministry of Home Affairs (MHA). Read more at ...
NTT’s $812 Million REIT Float Set to Break Singapore IPO Drought
Japan’s NTT Ltd. is seeking to raise as much as $812 million in a Singapore listing of its data center real estate investment trust, in what is poised to be the city-state’s biggest IPO in eight years ...
Tougher Singapore crypto regulations kick in
Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence after a series of high-profile scandals rattled the sector. Singapore, a major ...
Can Singapore’s stock exchange compete with Hong Kong’s IPO market?
Despite significant IPO momentum in Hong Kong, Singapores stock exchange is taking steps to increase its appeal. Recent listings such as IFBH and Mirxes underscore Hong Kongs lead in market liquidity ...
Can Singapore regain allure, as more of the city’s companies flock to Hong Kong for IPOs?
The listings of IFBH and Mirxes underline Hong Kong’s superiority, but Singapore is not giving up, bankers and analysts say.
StashAway’s Singapore operations turn Ebitda positive in FY2024
SINGAPORE] Wealth platform StashAway’s Singapore market has turned earnings before tax, interest, depreciation and amortisation (Ebitda) positive in FY2024 ending Dec 31. Read more at The Business ...
7 in 10 Singapore investors consider local stocks ‘integral’ investments amid global uncertainty
SINGAPORE: Amid global market uncertainty, most Singapore investors continue to rely on local stocks, with seven in 10 saying these remain an integral part of their investment portfolios, according to ...
As Singapore snares its largest Reit IPO in a decade, the Hong Kong exchange is busier than ever
SINGAPORE] The last week has seen good news for the Singapore Exchange (SGX). Not only is NTT’s upcoming real estate investment trust (Reit) listing likely to be the largest S-Reit listing in a decade ...