The Business Times
business-time-50

MAS to supervise exchange members

As lead regulator, it will focus on statutory requirements while the exchanges focus on risk management, trading rules

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jan 28, 2016 · 09:50 PM

    Singapore

    THE Monetary Authority of Singapore (MAS) will take over a portion of the supervision of brokers from exchanges and provide an additional layer of market surveillance as it adapts to having more than one exchange in Singapore, MAS deputy managing director Ong Chong Tee said on Thursday.

    The new framework takes effect this year.

    Monetary Authority of Singapore

    TRENDING NOW

    When BT visited the Japan Home outlet at Westgate on Wednesday, it was engage in a two-day “stocktaking exercise”.

    Japan Home licenses Singapore retail stores to Valu$ owner Radha Exports

    Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

    Sats slides over 10% as investors dump shares on profit margin squeeze

    On Wednesday (Aug 19), the 79-year-old stepped down as chairman of the National Wages Council with immediate effect for “personal reasons”.

    From sales exec to DBS chairman: A look at Peter Seah’s illustrious career

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More