regulations

In print this week

Airbnb up against regulatory hurdles as sharing economy sees challenges

SINGAPORE (Apr 16): On April 3, two former property agents were fined $60,000 each for short-term rentals they had posted on Airbnb. The two men had collected $19,000 from four listings at the d’Leedon condominium over five weeks last year. The action w

Trump to boost exports of lethal drones to more US allies

WASHINGTON (Mar 20): President Donald Trump will soon make it easier to export some types of lethal US-made drones to potentially dozens more allies and partners, according to people familiar with the plan.

IPO

3 reasons why US firms are taking longer to go public

SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.

Careers & Training

Top 10 hiring trends in Singapore for 2018, according to Hays

SINGAPORE (Dec 6): Hays Singapore has published a list of what it foresees to be the top 10 talent trends of 2018, in light of a fast-changing workforce environment and continued economic growth.

Singapore Fintech Festival 2017

MAS releases guide to digital token offerings; announces new payments framework

SINGAPORE (Nov 14): The Monetary Authority of Singapore (MAS) has released a guide to digital token offerings or initial coin offerings, where capital is raised via the use of cryptocurrency such as Bitcoin.

China Focus

China's 'big bang' moment opens banks, brokers to foreign control

HONG KONG / BEIJING (Nov 10): China took a major step toward the long-awaited opening of its financial system, removing foreign ownership limits on its banks and asset-management companies, and allowing overseas firms to take majority stakes in local secu

In print this week

How Singapore’s wealth professionals could fall victim to the march of the machines

SINGAPORE (July 3): It appears that Monetary Authority of Singapore (MAS) intends to embrace the efficiencies that robo-advisers – defined by MAS as digital platforms that provide advice on investment products using automated, algorithm-based tools –

Tech

Google slapped with record $3.8 bil EU fine for skewing searches

PARIS (June 28): Google’s record-breaking 2.4 billion-euro ($3.8 billion) European Union fine could end up being just a fraction of the costs from the EU’s demand that it stop skewing search results to favor its own shopping site.

MAS to loosen regulatory barriers for banks carrying on permissible non-financial businesses

SINGAPORE (June 28): The Monetary Authority of Singapore (MAS) on Tuesday announced its intention to streamline existing the regulatory requirements for banks seeking to conduct or invest in permissible non-financial businesses.

Singapore rolls out the red carpet for robo-advisers

(June 12): Singapore is thinking of making life easy for robot advisers.
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