Singapore
MAS brings Singapore regulations in line with global rules on OTC derivatives
Fears that a different approach to over-the-counter derivative regulations in Asia could prompt regulatory arbitrage with Europe and North America have been laid to rest by Singapore’s February consultation on OTC derivatives, explains Cindy Leiw of Isda
Singapore commodity derivatives regulation set for overhaul
Financial authorities in Singapore have recommended consolidating the oversight of all commodity derivatives and futures to one regulatory body, as part of a proposed broader move to regulate the country's derivatives market in line with international…
Regulatory pressure prompts Bank of Singapore to name new compliance chief
OCBC subsidiary splits risk and compliance roles
SGX hires new regulatory and risk management chiefs
Singapore Exchange names Richard Teng as deputy chief regulatory officer and Sonia Zhang as head of risk management
StanChart’s global head of Ficc departs
Remy Klammers has left Standard Chartered and is understood to be starting his own business
Singapore looks to electricity futures market
Singapore is moving closer to the creation of an electricity futures market, according to comments made by the head of the national energy regulator.
Asia Risk Congress 2011: Clashes with CFOs more likely as CRO role gains prominence in Asia
The role of a chief risk officer (CRO) is becoming increasingly relevant at institutions in Asia – sometimes creating friction with the CFO. And Chinese CROs face additional challenges, according to participants at an Asia Risk Congress 2011 CRO…
Asia-Pacific personal wealth growth soars ahead of US and Europe – Credit Suisse
The Asia-Pacific region has accounted for 54% of all new global wealth creation since 2010 and emerging markets are set to drive global wealth creation during the next five years, according to Credit Suisse's annual Global Wealth Report
Structured Products Asia 2011: FX-linked products to grow in Hong Kong
Currency-linked structures likely to become more popular in Hong Kong with retail investors. But take-up of volatility products is still muted despite erratic markets due to concerns about complexity, panellists say
Global Custody Survey 2011
Global Custody Survey 2011
SOR headache for Singapore banks as rates enter negative territory; MAS defends stance
Profits at banks in Singapore issuing mortgages and loans based on SOR may be severely dented as the rate turned negative for the first time last week and is predicted to remain this way in the medium term
Questions raised over UK’s forex volume surge
Market participants attribute a range of factors to the 23% rise in foreign exchange turnover in the UK reported by the Bank of England's FX Joint Standing Committee on July 25
CME names Le Noble head of Asia
Former Newedge Japan head, Julien Le Noble, has taken on the top position for CME Group in Asia. He will be based in Singapore
Insurers poised to arbitrage Solvency II-compliant rivals in Asia
Insurance companies active in the Asia-Pacific region are closely studying their European rivals to exploit any regulatory arbitrage opportunities presented as European Union insurers move to adopt Solvency II risk capital rules. But short-term gains in…
Singapore’s GIC to name Chia as successor to Sung as CRO
GIC has appointed Chia Tai Tee to succeed Sung Cheng Chih as chief risk officer. The move is part of a managed succession. Sung, who warned of the dangers of CDO investments prior to the financial crisis of 2007/2008, will remain as a consultant to the…
Schroders names fixed income head for Asia
Rajeev de Mello will replace existing head, How Phuang-Goh, who retires
MAS confirms finance minister as new chairman
The Monetary Authority of Singapore names Shanmugaratnam as part of ongoing management reshuffle
Commonwealth Bank of Australia increases Asian rates trading in Singapore
Commonwealth Bank of Australia is expanding the depth of its Asian interest rates market coverage by hiring new staff in Singapore. The bank is also looking into moving some of its commodities traders to the Lion City
SMX chief resigns, will stay on advisory board
Thomas McMahon, chief executive of the Singapore Mercantile Exchange (SMX) resigned over the weekend
Asia’s LCR challenge
Asia’s LCR challenge
Editorial: define complex
Editorial: define complex
Singapore efforts to become RMB offshore centre bolstered by bond funds
Barclays Capital and UOB Asset Management issue the first renminbi-denominated bond funds in Singapore for retail investors. RBS believes Singapore has the potential to be the second major offshore renminbi centre after Hong Kong
Maybank CRO talks about his group's Asean aspirations
Asean aspiration
The Lehman Brothers aftermath rolls on
The Lehman caseload