Adrian Ang

Partner
Adrian is a Partner in the Financial Services Department and is Co-Head of both the Firm’s FinTech Practice as well as its ESG & Public Policy Practice.
Adrian’s practice encompasses advising clients on regulatory matters affecting the financial services industry including, licensing matters, the setting up of payment services, the distribution of financial products, outsourcing arrangements and conduct of business requirements.
Adrian has been active in the FinTech sphere, being involved in contributing to policy formation and the enactment of FinTech related legislation. Adrian has advised on a variety of FinTech models including equity and debt crowdfunding platforms, P2P lending platforms, online lending intermediary based platforms, online money transfer systems, online payment system providers, robo-advisors, virtual stored value facility providers, initial coin offering structures, security token exchanges and digital payment token exchanges.
In the sphere of public policy, Adrian has assisted with the consideration and roll-out of new policies affecting the financial industry and is frequently involved in the coordination and provision of industry views on policy and regulatory matters in relation to both private and public consultations.
Adrian graduated from the University of Oxford with a B.A. (Hons) degree in 2002 and a M.A. in 2006. He was a College Exhibitioner and a winner of multiple College Book Prizes. In 2003, Adrian graduated top of his cohort for the Graduate Diploma in Singapore Law course administered by the National University of Singapore and was called to the Singapore Bar in June 2004. He is also a non-practising solicitor of England and Wales, having been admitted to the Roll of Solicitors of England and Wales in March 2006.
Adrian is recommended as a key practitioner in several leading publications.
He is consistently recognised for his expertise in financial regulatory work in Chambers Global, Chambers Asia-Pacific and The Legal 500 Asia Pacific. Chambers Global notes that Adrian “is a first-class lawyer: he’s sharp, commercial and understands client objectives” and Chambers Asia-Pacific notes that “he is a go-to lawyer for all Singapore financial services and regulatory matters”. In The Legal 500 Asia Pacific, Adrian is identified as a “Leading Individual” and is described as being “truly world-class” and “the best financial regulatory lawyer in town. He has a razor-sharp legal mind and this is complemented with very practical commercial sensibilities.” Clients say that Adrian is an “excellent lawyer with a first-class mind, who always ensures his clients’ interests are properly protected”. He is “extremely knowledgeable”, with an innate ability to navigate “myriad regulations with ease” and balance “technical excellence with a commercial mindset”, as well as going “the extra mile to provide prompt advice when time is of the essence”. Clients comment that “with Adrian Ang’s vast experience in this area, we can always count on him for effective and practical advice and solutions”. Adrian is named as a recommended lawyer by Who’s Who Legal: Banking – Regulatory and is the only private practice lawyer in Singapore who has been named in the 2020 Global Banking Regulation Review’s (GBRR) “45 under 45” list of top banking regulation specialists from around the world.
In the area of FinTech, Adrian is also the only lawyer who is named as a Global Elite Thought Leader in Singapore by Who’s Who Legal: Banking - Fintech 2021. He is ranked Band 1 in Chambers FinTech 2021. Clients praise him as “outstanding at any point in time” and one source comments that he has “never seen an external lawyer respond in such a fast, succinct way. His responsiveness is incredible”. Who’s Who Legal also notes that he “is a keystone of the region in terms of fintech expertise” and is “one of the stars of the international fintech market. Clients enthusiastically praise his ‘deep understanding of capital markets, the jaw-dropping speed of his responses and his affable yet professional nature’”. In addition, Adrian is “renowned for his ‘unparalleled understanding of blockchain technology’”, and “clients across the board comment that they ‘have complete confidence in him’, praising his ‘ability to connect the dots from a both technological and legal perspective’”.
Prior to joining Allen & Gledhill in 2011, Adrian was with the Monetary Authority of Singapore and was in legal practice in London and Singapore with a leading international law firm for several years.
Work Highlights
- Advised OCBC in relation to its acquisition of the private wealth business of National Australia Bank Limited in Singapore and Hong Kong.
- Advised on regulatory issues arising from the merger of the National Bank of Abu Dhabi and First Gulf Bank. The merger is ground breaking in that it created the largest banking entity in the Middle East.
Publications
- Regulations on complaints handling and resolution for financial advisory firms to take effect on 3 January 2022, MAS issues response to feedback from consultation on policy proposal
- MAS issues paper on managing risks of remote working in financial institutions
- Singapore-Indonesia Bilateral Investment Treaty enters into force
- MAS consults on proposed exemption framework for cross-border business arrangements of capital markets intermediaries involving foreign offices
- Green Finance Industry Taskforce consults on taxonomy and launches environmental risk management handbook to support green finance
- Steering Committee for SOR & SIBOR Transition to SORA announces further measures to boost SORA transition
- Budget 2021: Key highlights
- Three key FinTech trends in 2020
- Practical Law FinTech Global Guide: FinTech in Singapore - Overview
- Q4 2020 Review: Five key public policy developments in Singapore
- MAS revises Technology Risk Management Guidelines to combat heightened cyber risks
- Singapore and the US sign MOU on trade financing and investment cooperation
- UK-Singapore Free Trade Agreement in effect from 1 January 2021
- SGX strengthens commitment to sustainability with S$20 million plan
- MAS consults on draft standards for operational risk capital and leverage ratio requirements for Singapore-incorporated banks and issues response to feedback received on proposed implementation of final Basel III reforms
- MAS seeks feedback on proposed Notices to Banks and Merchant Banks on Management of Outsourced Relevant Services
- Financial Regulatory Review H2 2020: Key Singapore financial regulatory developments
- Payment Services (Amendment) Bill passed in Parliament to mitigate money laundering and terrorist financing risks and to impose measures on digital payment token service providers
- Digital Economy Partnership Agreement in force for Singapore and New Zealand from 7 January 2021
- Non-bank financial institutions to have access to FAST and PayNow
- MAS launches Singapore Financial Data Exchange to enable more effective financial planning by Singaporeans
- MAS consults on proposed amendments to regulations, notices and guidelines arising from Banking (Amendment) Act 2020 and other changes
- MAS issues guidelines on environmental risk management for banks, insurers and asset managers
- Harnessing opportunities from the Regional Comprehensive Economic Partnership, the world’s largest free trade pact, in South-east Asia and its partners
- Harnessing opportunities from the Regional Comprehensive Economic Partnership, the world’s largest free trade pact, in South-east Asia and its partners
- ASEAN Customs Transit System launched on 2 November 2020
- SGX consults on default management process
- Industry Steering Committee announces timelines to cease issuance of SOR-linked financial products, publishes market guidance to support transition to SORA
- MAS steps up enforcement actions against market abuse and financial misconduct
- Bill introduced to amend Payment Services Act 2019 to address money laundering and terrorist financing risks posed by virtual asset service providers
- MAS seeks comments on requirements to strengthen FI’s non-face-to-face identity verification process
- Q3 2020 Review: Five key public policy developments in Singapore
- MAS consults on proposed regulations and notices for licensed credit bureaus and approved members
- MAS consults on proposed amendments to capital requirements for locally incorporated recognised market operators
- Covid-19: MAS and financial industry extend loan repayment support for SMEs and individuals, ESG extends grants and financial support measures
- NEA, EDB and BCA announce new grants aimed at reducing Singapore’s greenhouse gas emissions
- Banking Act amended to formalise supervisory requirements and strengthen regulation of banks and credit card and charge card licensees
- MAS enhances access to liquidity facilities to strengthen resilience of banking sector
- Steering Committee for SOR Transition to SORA outlines role of fallback rate arrangements for SOR derivatives
- MAS issues guidance paper on effective AML/CFT controls in private banking
- MAS seeks comments on draft notices on competency requirements for representatives conducting regulated activities under FAA and SFA
- MAS issues Notices and Guidelines on Best Execution requirements
- MAS issues guidelines on individual accountability and conduct to strengthen culture of responsibility and ethical behaviour in financial industry
- Singapore and Australia sign Digital Economy Agreement to facilitate digitalisation of trade processes
- Singapore and China reaffirm strong economic ties, commit to keep global supply chains and trade lines open amid Covid-19
- MAS issues circular on good practices for disclosure of actively managed funds
- MAS enhances Significantly Rooted Foreign Bank Framework
- MAS issues information paper on enhancing robustness of enterprise-wide risk assessment on money laundering and terrorism financing
- MAS commits S$250 million to accelerate innovation and technology adoption in financial sector
- MAS consults on new omnibus Act for financial sector
- Q2 2020 Review: Five key public policy developments in Singapore
- Singapore welcomes new members to Joint Ministerial Statement on Ensuring Supply Chain Connectivity amid Covid-19 situation
- MAS issues guidance paper on strengthening capital markets intermediaries’ oversight over AML/CFT outsourcing arrangements
- Financial Regulatory Review H1 2020: Key Singapore financial regulatory developments
- MAS consults on environmental risk management guidelines for financial institutions
- Covid-19 and the outlook for a new normal: An interview with Allen & Gledhill Senior Adviser Lam Chuan Leong, Competition and Public Policy
- Singapore announces commitments with various nations to enhance connectivity and secure supply chains amid Covid-19
- The Financial Technology Law Review (3rd Ed, 2020)
- MAS responds to feedback on proposals to revise current exemption framework for cross-border arrangements with foreign related corporations
- Covid-19: New S$6 million MAS-SFA-AMTD FinTech Solidarity Grant launched in support of Singapore FinTech firms
- MAS allows payment token derivatives to be traded on approved exchanges from 18 May 2020
- Reporting of foreign exchange, equity and commodity derivatives contracts by finance companies and certain bank subsidiaries, insurers and capital markets services licence holders, and significant derivatives holders deferred to 1 October 2021
- Practical Law FinTech Global Guide: FinTech in Singapore
- Singapore announces commitments with various nations to secure supply chains amid Covid-19 pandemic
- Covid-19 financial support measures for financial institutions, SMEs and individuals
- Provisions facilitating administration and enforcement of Hazardous Waste (Control of Export, Import and Transit) Act 2020 in force from 1 April 2020
- MAS and ESMA sign MOU on Singapore’s financial benchmarks
- The International Comparative Legal Guide to Public Investment Funds 2020
- Q1 2020 Review: Five key public policy developments in Singapore
- Singapore and New Zealand launch Declaration on Trade in Essential Goods for Combating the Covid-19 Pandemic
- The post Covid-19 world: Anticipating potential changes for businesses and public policies
- MAS adjusts selected regulatory requirements and supervisory programmes to allow FIs to focus on Covid-19 related issues
- MAS clarifies application of LTV and TDSR rules following financial industry measures to support individuals and SMEs affected by Covid-19 pandemic
- Singapore and eight other countries affirm commitment to ensuring supply chain connectivity amid Covid-19 crisis
- MAS issues advisory to financial institutions on adopting safe distancing measures amid Covid-19 situation
- New regulatory measures for pre-packaged beverages, extension of measures to freshly prepared beverages
- Singapore and six other countries affirm commitment to ensuring supply chain connectivity amid Covid-19 situation
- NCCS issues response to feedback on Singapore’s long-term low emissions development strategy
- Bill to amend Banking Act passed to rationalise banking regulation and enhance prudential oversight
- Budget 2020: Key highlights and environmental sustainability measures
- Hazardous Waste (Control of Export, Import and Transit) (Amendment) Bill passed to include plastic waste within scope
- Q4 2019 Review: Five key public policy developments in Singapore
- Business Law International: Regulation of Crowdfunding in Singapore
- Three key FinTech trends in 2019
- MAS issues licensing guidelines and specimen forms in relation to Payment Services Act
- Resource Sustainability Act 2019 partially in force from 1 January 2020
- MAS consults on proposed amendments to Payment Services Act 2019 and scope of e-money and digital payment tokens
- Environmental sustainability in the financial sector: 2019 look back on developments in South-east Asia and Singapore
- Upgraded Singapore-New Zealand agreement on economic partnership in force from 1 January 2020
- MAS issues guidance to enhance banks’ operational controls in payments and electronic funds transfer operations
- MAS consults on proposed changes to regulate payment token derivatives traded on approved exchanges
- MAS issues Compliance Toolkit for approvals, notifications and other regulatory submissions
- Payment Services Act 2019 providing new framework for payment systems and payment service providers in force on 28 January 2020
- FinTech initiatives announced at 2019 Singapore FinTech Festival and Singapore Week of Innovation and TeCHnology
- Bill to amend Banking Act introduced to rationalise banking regulation and enhance prudential oversight
- MAS consults on proposed changes to regulate payment token derivatives traded on approved exchanges
- European Union-Singapore Free Trade Agreement in force from 21 November 2019
- China-Singapore Free Trade Agreement Upgrade Protocol enters into force and key financial initiatives concluded at Joint Council for Bilateral Cooperation
- MAS revises Guidelines on the Regulation of Short Selling
- MAS issues FAQs relating to Payment Services Act
- The Virtual Currency Regulation Review (2nd Ed, 2019)
- Singapore Government announces advertising ban and mandatory labelling for highly sweetened beverages
- Q3 2019 Review - Five key public policy developments in Singapore
- MAS consults on revised biannual report and implementation timeline for proposed complaints handling and resolution regulations
- MAS establishes Steering Committee to drive interest rate benchmark transition from SGD Swap Offer Rate (SOR) to Singapore Overnight Rate Average (SORA)
- MAS accepting applications for Singapore’s first digital bank licences open to non-bank players
- Key insights on initiatives and developments following National Day Rally 2019
- MAS issues Notice 656 on “Exposures to Single Counterparty Groups for Banks Incorporated in Singapore”
- MAS assesses banks’ governance, policies and procedures in “Thematic Review of Collateral Management Standards and Practices of Corporate Lending Business”
- MAS issues revised Guidelines on Margin Requirements for Non-Centrally Cleared OTC Derivatives Contracts
- MAS and SGX RegCo jointly publish “MAS-SGX Trade Surveillance Practice Guide”
- MAS issues new legally binding requirements to raise cybersecurity standards and strengthen cyber resilience of financial sector
- Ratings issued by credit rating agencies in Singapore will continue to be recognised and used in the EU
- MAS launches Sandbox Express for faster market testing of innovative financial services and products
- MAS issues consultation paper on “Requirements on Controls against Market Abuse”
- A quick guide on harnessing Singapore’s Free Trade Agreements to benefit your businesses
- Q2 2019 Review: Five key public policy developments in Singapore
- MAS seeks further comments on scope of application of Guidelines on Individual Accountability and Conduct to financial institutions
- SGX implements enhancements to default management capabilities of SGX-DC and CDP on 17 July 2019
- SGX consults on proposed enhancements to securities trading auction mechanism
- MAS issues Guidelines on Provision of Financial Advisory Service
- MAS issues guidance paper on “Effective Practices to Detect and Mitigate the Risk from Misuse of Legal Persons”
- MAS extends digital bank licences to non-bank players
- IMDA seeks feedback on review of Electronic Transactions Act
- MAS seeks feedback on notices and guidelines to be issued under Payment Services Act 2019
- MAS proposes to regulate and license merchant banks under Banking Act
- MAS issues revised MAS Notice 637 on “Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore” effective 30 June 2019
- MAS and ABS announce establishment of new Culture and Conduct Steering Group to promote sound culture and raise conduct standards among banks
- SGX introduces “trade at close” functionality from 3 June 2019
- MAS seeks comments on AML/CFT notices for payment services providers
- Business Law International: FinTech in Singapore
- The Financial Technology Law Review (2nd Ed, 2019): Singapore chapter
- MAS issues consultation paper on “Proposed Implementation of the Final Basel III Reforms in Singapore”
- SGX to update rules on securities trading and market practices on 3 June 2019
- MAS proposes increase in minimum financial requirement for major payment institutions in Payment Services Regulations
- MAS to implement measures to address risks posed by use of sign-on incentives in recruitment of financial advisory representatives
- MAS issues “Technical Specifications for RBC 2 YE2018 Parallel Run” for insurers
- MAS updates Guide to Digital Token Offerings
- Mandatory trading obligations apply to specified OTC derivatives contracts executed on or after 1 April 2020
- SGX revises financial and capital requirements on bank and remote clearing and trading members with effect from 22 April 2019
- Legislation for deposit insurance and policy owners protection amended to ensure adequate protection for depositors and policy owners
- Q1 2019 Review: Five key public policy developments in Singapore
- The ASEAN advantage
- MAS proposes revisions to Technology Risk Management Guidelines and Business Continuity Management Guidelines
- MAS issues Response to feedback on proposed enhancements to disclosure requirements for sale of investment-linked products
- IPOS extends FinTech Fast Track initiative by one year to 25 April 2020
- MAS proposes revisions to outsourcing regime for banks and merchant banks
- MAS proposes amendments to Banking Act to remove DBU-ACU divide and other changes
- MAS revises implementation date of E-Payments User Protection Guidelines to 30 June 2019
- MAS issues MAS Notice 654 on Recovery and Resolution Planning and corresponding Guidelines
- MAS highlights FATF Guidance for risk-based approach for securities sector and life insurance sector
- Payment Services Bill passed to introduce new licensing regime and unify regulatory framework
- Practical Law FinTech Global Guide: Singapore Q&A
- Budget 2019: Key highlights
- FinTech FAQs
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) enters into force on 30 December 2018
- MAS releases FAQs on opt-in regime for accredited investors, extends transition to 7 April 2019
- MAS prescribes conditions for deferring reporting of customer/counterparty information relating to OTC derivatives contracts
- New exemption in Financial Advisers Regulations for entities from ASEAN participating countries providing financial advisory service under approved arrangements
- MAS issues new “Guidance to Capital Markets Intermediaries on Enhancing AML/CFT Frameworks and Controls”
- MAS revises AML/CFT requirements for money-changing and remittance businesses
- Analysing the commercial impact of public policy measures: MOH proposals to reduce Singaporeans’ sugar intake from sweetened beverages
- Five key FinTech developments in 2018
- MAS releases updated Guide to Digital Token Offerings
- MOH and HPB consult on measures to reduce sugar intake from pre-packaged sugar-sweetened beverages
- Banking Act changes on enhanced safeguards, corporate governance and risk management controls for banks
- MAS proposes allowing financial institutions to engage in cross-border arrangements with foreign related corporations without prior MAS approval
- SGX RegCo sets out expectations of listed companies conducting ICOs
- MAS releases new FEAT Principles to promote responsible use of artificial intelligence and data analytics
- MAS proposes creation of Sandbox Express
- The Virtual Currency Regulation Review (1st Ed, 2018): Singapore chapter
- MAS and SGX leverage blockchain technology for settlement of tokenised assets
- MAS issues MAS Notice 637 with changes relating to eligible collateral, interest rate risk in the banking book, and holdings of TLAC liabilities
- SGX to implement T+2 settlement cycle and other changes to settlement framework on 10 December 2018
- New resolution regime for FIs in Singapore
- Payment Services Bill streamlines regulations and introduces new licensing framework
- Disruption in the global trading system: Implications for businesses in Singapore
- SGX consults on proposed introduction of “trade at close” functionality
- MAS issues new Notices on Insurance Returns taking effect on 1 January 2019
- MAS to implement revised large exposures requirements for Singapore-incorporated banks from 30 September 2019
- MAS issues Response to feedback on proposed changes to MAS 105 Appointment of Custodians and Fund Managers by insurers
- MAS issues Guidelines to facilitate provision of digital advisory services
- MAS sets out duties for FIs in “E-Payments User Protection Guidelines” effective 31 January 2019
- SFA amended to strengthen market misconduct enforcement regime
- Singapore Law Gazette: The (somewhat) confusing world of cryptocurrencies
- MAS issues Circular on controls and disclosures to be implemented by licensed securities-based crowdfunding operators
- MAS consults on draft Notice on Cyber Hygiene for financial institutions
- Cybersecurity Act 2018 operative from 31 August 2018 to protect critical information infrastructure against cybersecurity threats
- Personal Data Protection Digest: Personal Data and Customer Information in the Age of FinTech
- Key insights on initiatives and developments following National Day Rally 2018
- Recent Developments in the Regulation of Initial Coin Offerings
- SGX issues consultation paper on proposed enhancements to default management capabilities of SGX-DC and CDP
- MAS issues Response to feedback on Parts 3 and 4 of consultation paper on changes to SFA, FAA and TCA
- MAS announces that Singapore will undergo IMF Financial Sector Assessment Program (FSAP)
- MAS issues Guidelines on Liquidity Risk Management Practices for Fund Management Companies and revised CIS Code with changes for money market funds
- ABS-SFEMC finalises proposals on evolution of SIBOR: Calculating SIBOR using waterfall methodology, including wholesale funding transactions in underlying reference market and discontinuing 12-month SIBOR
- MAS revises insurance-related Notices and Guidelines to implement FAIR recommendation on additional disclosure requirements
- SGX issues consultation paper on “Proposed Revision of the Financial and Capital Requirements on Bank and Remote Members”
- Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill passed in Parliament: Ensuring adequate protection for depositors and policy owners
- SGX to launch new FX solution with innovative flexible features
- MAS issues consultation paper on proposed regulations to enhance resolution regime for FIs in Singapore
- MAS proposes to revise misconduct reporting requirements and mandate reference checks for representatives of FIs
- MAS highlights FATF Guidance on Counter Proliferation Financing
- Changes to SFA and FAA regulations relating to capital markets products, product highlights sheets, fair and balanced advertisements and overseas investors exemption
- The Financial Technology Law Review (1st Ed 2018): Singapore chapter
- MAS issues two consultation papers on (i) new multi-tier regime for market operators, and (ii) shift to product notification regime for new derivative products
- MAS consults on proposed guidelines on (1) provision of financial advisory service, and (2) design of advisory and
- Partial commencement of changes to Monetary Authority of Singapore Act: New provisions on recovery and resolution planning in force from 5 June 2018
- Payment and Settlement Systems (Finality and Netting) Act amended with effect from 6 June 2018 to improve protection of payment and settlement systems
- MAS issues FAQs relating to product definitions and regulated activities under SFA and FAA pursuant to upcoming changes in the Securities and Futures (Amendment) Act 2017
- MAS highlights initiatives aimed at strengthening cybersecurity within financial sector
- MAS implements new framework for short selling disclosure and reporting with effect from 1 October 2018
- IMDA announces three initiatives relating to AI governance and ethics
- MAS issues revised Notices 610 and 1003: Reducing duplicate data submissions for banks and merchant banks and removing DBU-ACU divide
- Securities and Futures (Clearing of Derivatives Contracts) Regulations 2018: MAS to require central clearing of OTC derivatives from 1 October 2018
- MAS consults on proposed Guidelines to strengthen individual accountability of senior managers in financial institutions
- Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill introduced in Parliament: Ensuring adequate protection for depositors and policy owners
- SFEMC publishes revised version of The Singapore Guide to Conduct and Market Practices for the Wholesale Financial Markets (The Blue Book)
- MinLaw invites proposals to pilot new business models for moneylending
- MAS, EDB, IMDA, IBF collaborate to accelerate AI adoption in Singapore financial sector
- IPOS launches FinTech Fast Track initiative effective 26 April 2018 for 12 months
- MAS seeks feedback on proposed regulatory capital treatment of banks’ holdings of total loss-absorbing capacity liabilities under MAS Notice 637
- MAS requires reporting of commodity and equity derivatives contracts with effect from 1 October 2018
- New MAS regulations safeguard against breaking up set-off and netting arrangements during partial transfer of business
- MAS and financial industry to develop guidance on responsible use of data analytics
- MAS consults on measures to address risks posed by use of sign-on incentives in recruitment of FA representatives
- MAS highlights issuance of FATF Guidance on Private Sector Information Sharing and revision of FATF Interpretative Note to Recommendation 18
- MAS implements measures to reduce data duplication by financial institutions
- MAS consults on draft regulations on mandatory trading of OTC derivatives on organised markets
- MAS consults on proposed guidelines to protect users of e-payments
- Cybersecurity Act 2018 gazetted, but not yet in force
- Parliament passes Cybersecurity Bill: Protecting critical information infrastructure against cybersecurity threats
- Budget 2018: Key highlights
- Five likely key themes in Public Policy developments in Singapore in 2018
- MAS revises Notices to banks, merchant banks and finance companies to incorporate changes in recognition and measurement of allowance of credit losses
- MAS seeks feedback on proposed revisions to regulatory framework for large exposures of Singapore-incorporated banks
- MAS revises MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore to introduce a minimum leverage ratio requirement of 3% from 1 January 2018
- MAS issues new and revised Notices to implement requirements for Singapore-incorporated banks in line with revised standards on Pillar 3 disclosures under Basel III framework
- MAS consults on proposal to widen scope of eligible collateral relating to commodities and equity securities in MAS Notice 637
- MAS issues revised Notice 652 on Net Stable Funding Ratio to delay implementation of required stable funding add-on for derivative liabilities
- Parliament passes Bill to amend Payment and Settlement Systems (Finality and Netting) Act to improve protection of payment and settlement systems
- MAS issues circular on new implementation date of 1 January 2019 for insurance returns
- MAS consults on proposed changes to anti-money laundering and countering of financing of terrorism requirements for money-changing and remittance businesses
- Parliament introduces Cybersecurity Bill to protect critical information infrastructure against cybersecurity threats
- Recent Developments in Traditional and Non-traditional Funding Options for SMEs
- MAS FinTech initiatives announced in the course of the Singapore FinTech Festival
- Forging Economic Ties