Asia
malaysian bank reprimanded by mas
As part of its continued drive to flush out bad financial practice and boost the standard of advice and product provision in the Southeast Asian city, the Monetary Authority of Singapore (MAS) has reprimanded a Malaysian bank for allowing unauthorised employers to dispense financial advice.
singpore to replace switzerland as numberone ifc
Switzerland is losing ground to Singapore as an international finance centre, with new wealth centres including Dubai, Miami and Hong Kong also upping the competition, a new survey says.
mas sets out concerns of adviser industry
The Monetary Authority of Singapore has called on the Association of Financial Advisers in Singapore to take the lead in coming up with initiatives to address problems identified in the industry.
from today tax offences in Singapore
From today, some forms of tax avoidance will be regarded as money laundering “predicate offences” in Singapore.
standard life singapore expats choose
British and European expatriates in Singapore are foregoing long-term security as they opt for luxurious lifestyles now, according to a new survey by Standard Life International.