Regulation

One-year countdown: Existing SFOs evaluate how they can align with revised MAS framework

The regulatory overhaul comes as Beijing grows increasingly concerned about unregulated capital outflows.

China expands outbound investment rules to cover individuals

The move comes as Beijing and Washington are racing to dominate artificial intelligence and other key technologies.

China tightens outbound investment rules with eye on security

Source of wealth establishment processes are typically the most time-intensive elements in onboarding ultra-high-net-worth clients.

Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’

Initiatives such as the Collaborative Sharing of Money Laundering/Terrorism Financing Information & Cases platform contribute to MAS’ risk-surveillance capabilities, according to a Financial Action Task Force report.

Singapore banks getting better at spotting dirty money, but penalties still lack bite, says global watchdog

The resource that has not received comparable attention, despite being consumed at significant scale by every data centre running those workloads, is water.

Watt about water? The green AI conversation we need to have now

For South-east Asia, payments are the critical foundation for cross-border digital growth.
THE BROAD VIEW

Payments infrastructure – not apps – will define South-east Asia fintech’s next decade

The writer suggests that AI "scrapers" compensate the owners of the copyright they use - or even that a tax on big AI businesses be used to support the creative commons, that is, human-created arts and sciences.

What to do when the ‘public good’ of information goes bad

A jury in California has ruled that Meta and YouTube must pay financial damages to a 20-year-old who testified that beauty filters caused her serious anxiety.

The terrible cost of the infinite scroll

A plane taking off from an airport in Lebanon. In modern conflicts, states often lack full visibility over their territory. Airspace may be legally open while operationally unsafe.
THE BROAD VIEW

MH17 was the warning. The Middle East is the test