Insights

SME’s can go digital, under Start Digital Initiative

Now SME’s can go digital in areas like accounting and human resources management, with the costs partially being paid by the government. Under this initiative SME’s can choose to go digital in any of the two of the following areas: accounting, human resource...

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Barclays fined $15m over whistleblowing error

Barclays fined over $15m over whistleblowing error New York has fined Barclays an amount of $15m over a whistleblowing error which took place in 2016. The attempts of Mr. Jes Staley to uncover the whistleblower first came to light in April 2017, dealt a new blow for...

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Overview of Singapore Payment Services Bill

Singapore Payment Services Bill- A Brief History The Monetary Authority Of Singapore ("MAS") regulated various types of payment services under the Payment Systems (Oversight) Act, 2006 (“PS(O)A”) and the Money-Changing and Remittance Businesses Act,1979 (“MCRBA”).  ...

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New S$30 Million Grant to Strengthen Cybersecurity

MAS Launches New S$30 Million grant to strengthen the cyber resilience of the financial sector The Monetary Authority of Singapore has recently announced a grant of S$30 Million in order to strengthen the existing cybersecurity infrastructure and also to help with...

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