China Taxes Offshore Trusts as Singapore Reports No Significant Impact
China now taxes offshore trusts funded by its residents, with a 90-day window for past trusts. Singapore says banks have seen no significant impact so far.
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China now taxes offshore trusts funded by its residents, with a 90-day window for past trusts. Singapore says banks have seen no significant impact so far.
Read article →A High Court registrar refused to send 272 Tokenize Xchange customers' misrepresentation claim against the exchange's founder and former COO to arbitration.
Read article →MAS has issued final Guidelines on AI Risk Management, effective 7 October 2027, with life cycle controls phased in by October 2028.
Read article →Written replies from Minister K Shanmugam show Singapore Police do not track outcomes for suspected scam victims after intervention, or whether disrupted scam networks reappear.
Read article →At the Beyond ESG forum jointly organized by Oxford Business Network Alumni and Australia Alumni Singapore at the Singapore Sustainability Academy, leaders from government, interna...
Read article →MAS has reshuffled its senior management from 1 November 2026, with Gillian Tan taking over the group that covers AML, enforcement and payments supervision.
Read article →MAS is consulting until 9 December 2026 on larger boards, a tighter director independence test and new approval rules for key roles at banks and insurers.
Read article →The Law Society of Singapore is hiring a CEO to lead reform after an independent audit found failings in its leadership, culture and governance.
Read article →Barclays has named Wee Yee-Yeong, currently Morgan Stanley's Singapore wealth chief, as Head of Private Bank Singapore and Head of Private Bank Asia.
Read article →OCBC, Visa and procurement-technology firm Doxa have gone live with what they call Singapore's first deep-tier financing solution for construction, letting subcontractors and suppl...
Read article →MAS has opened consultation P015-2026 (1 Sep–16 Oct 2026) on amendments that would write its 2023 single-currency stablecoin framework into the Payment Services Act — with new defi...
Read article →Visa has joined BLOOM, the Monetary Authority of Singapore’s initiative to extend settlement using tokenised bank money and regulated stablecoins. In its first pilot under the sche...
Read article →The Monetary Authority of Singapore is committing S$220 million over three years under a renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0), routing the money thr...
Read article →Gemini's Singapore entity, Gemini Digital Payments Singapore, has been granted a Major Payment Institution licence by the Monetary Authority of Singapore under the Payment Services...
Read article →Under Singapore's Currency Act 1967, mutilated notes and coins carry no value and no automatic right to a refund; MAS may reimburse them only at its discretion, and only where the ...
Read article →A two-week islandwide operation from 30 July to 12 August 2026 has placed 270 people, 185 men and 85 women aged 15 to 80, under investigation as scammers and money mules across mor...
Read article →MAS told Parliament that its COSMIC platform has helped banks file more suspicious transaction reports and close suspect accounts, and that its planned expansion to more banks and ...
Read article →The Singapore Police Force says its Cyber Command has disrupted more than 30,000 Apple iMessage accounts used in a phishing campaign that impersonated couriers, agencies and banks,...
Read article →MAS on 19 August 2026 unveiled three measures to strengthen Singapore's competitiveness as an asset management hub: a proposed tax exemption for fund managers' profit-related retur...
Read article →The Monetary Authority of Singapore has published an Information Paper on Culture Capabilities for Effective Remediation and Sustainable Change, dated 12 August 2026, setting out f...
Read article →Singapore's Ministry of Home Affairs has introduced the Scams (Countermeasures) and Other Matters Bill, tightening information-sharing and account-restriction obligations across fi...
Read article →A plain explainer of Singapore’s Targeted Financial Sanctions framework: the lists of designated individuals and entities that MAS maintains, the statutes behind them, and the core...
Read article →In a written parliamentary reply on 5 August 2026, MAS confirmed that its proposed, not-yet-finalised Guidelines on AI Risk Management already cover agentic AI. The Guidelines set ...
Read article →A coordinated regional law enforcement response across Hong Kong, Macau, and Singapore has unmasked the collapse of the alleged Fun Coffee MLM crypto scheme.
Read article →On 5 August 2026, Deputy Prime Minister, Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore (MAS) Mr Gan Kim Yong provided a written parliamentary...
Read article →New disclosures name key lieutenants in Chen Zhi's multi-billion-dollar Prince Group syndicate, showing how illicit actors still exploit multi-nationality and citizenship-by-invest...
Read article →Singapore’s primary financial regulator and its leading banking association have established the AI-Driven Cyber and Technology Risk Taskforce (ACT) to coordinate sector-wide defen...
Read article →MAS's FY2025/2026 Annual Report sets supervisory expectations for financial institutions to achieve quantum resilience before 2030. Decoding what 'Harvest Now, Decrypt Later', cryp...
Read article →The Straits Times took apart a fake Singapore think tank with twelve invented experts and an address nobody occupied.
Read article →The Monetary Authority of Singapore (MAS) published its information paper, AML/CFT Supervisory Expectations for Digital Payment Token Service Providers (DPTSPs) , outlining critica...
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