Monthly Archives: February 2020

Singapore – FSC Discussed Improvements to Supervision.

On 24 February 2020, SK FSC discussed improvements to supervision. SK FSC chairman Eun Sung-soo held a meeting with financial conglomerate CEOs and private sector experts to discuss improving the supervision of financial conglomerates. Chairman's Remarks The supervision of financial conglomerates is an effort to systematically manage group-wide risks of financial companies, widely in use…
Read more

Singapore – MAS Derivative Contract Reporting

On 25 February 2020, SIN MAS amended derivatives contracts reporting rules. Setting out reporting requirements for OTC counterparties for OTC derivatives. Amendments Sections deleted in item 1 of part I of the first schedule to the securities and futures (reporting of derivatives contracts) regulations 2013 (G.N. No. S 668/2013). Deleted “and is entered into before…
Read more