Singapore
Retail investor protection strengthened in Singapore
Retail investors in Singapore will receive greater protection following changes to the Securities and Futures Act (SFA).
Singapore account holders must disclose tax residency status
Account holders in Singapore have been told by the taxman to fully cooperate with their financial institutions as they determine the tax residency status of their clients under the Common Reporting Standard (CRS).
US policy drives Bank of Singapore’s glum outlook on China
Potentially aggressive US trade policy and China’s expanding credit are top concerns, according to Richard Jerram, the Bank of Singapore’s (BoS) chief economist.
Convicted ex-BSI banker to be sentenced ‘beyond the norm’
Former BSI banker Yeo Jaiwei has been found guilty of four charges of witness tampering by a Singapore court as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
Two-week jail term and $7k fine for ex-BSI banker in 1MDB case
Former BSI Singapore director Yvonne Seah has been sentenced to two weeks in prison and fined S$10,000 (£5,553, $6,943, €6,632) as part of the investigation into 1Malaysia Development Bhd (1MDB).