by Argus | Compliance, Financial Institutions, Fintech, News
A set of legally binding requirement was released by MAS today to raise the cyber security standards for the financial industry. This move is made with a view to strengthen the cyber resilience and enforce good cyber hygiene for the sector. MAS had sought the...
by Argus | Financial Institutions, Fintech, News, Regulatory Compliance
MAS considering Virtual Banking License for FinTech firms The Monetary Authority of Singapore (MAS) said on Tuesday it is reviewing whether to offer digital-only banks that have emerged out of FinTech firms a virtual banking license. Since 2000, Singapore-incorporated...
by Argus | Events, Fintech
CNBC Brainstorm Event : Future of Fintech Argus Global MD, Deepesh Agarwal participated in the CNBC’s Brainstorm event : Future of Fintech. It was an exhilarating event that industry leaders from Banks, Asset Management, Fintech Companies with Nancy Hungerford...
by Argus | Anti Money Laundering, Compliance, Fintech, Fund Management Company, Regulatory Compliance
MAS SANDBOX Introduction The vision of the Minister for Education (Higher Education and Skills) and MAS Board Member, Mr. Ong Ye Kung was clearly laid out at the launch of the Industry Transformation Map (“ITM”). He envisions Singapore to be a leading global financial...
by Argus | Anti Money Laundering, Compliance, Fintech
ICOs in Singapore has been on an upward trend As the crypto-token market heats up, Singapore has emerged as one of a few key hubs for blockchain start-ups wanting to launch an initial coin offering (ICO). The city-state is a long-established hub for corporate setup...