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THE Monetary Authority of Singapore (MAS) could soon have powers to enter premises without prior notice or a court warrant when it comes to financial crime investigations where there is a risk of evidence being destroyed.

THE Monetary Authority of Singapore (MAS) could soon have powers to enter premises without prior notice or a court warrant when it comes to financial crime investigations where there is a risk of evidence being destroyed.

THE Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (Acra) are proposing changes to Singapore's Companies Act (CA) and Limited Liability Partnerships (LLP) Act.

THE Ministry of Finance (MOF) on Thursday announced it will merge its accountancy-related units in the Accounting and Corporate Regulatory Authority (Acra), the Singapore Accountancy Commission (SAC), and the Accounting Standards Council (ASC) secretariat into a single-function entity from H2 of 2022.

THE Ministry of Finance (MOF) on Thursday announced it will merge its accountancy-related units in the Accounting and Corporate Regulatory Authority (Acra), the Singapore Accountancy Commission (SAC), and the Accounting Standards Council (ASC) secretariat into a single-function entity from H2 of 2022.

SINGAPORE saw the largest rise in digital banking investments in response to Covid-19, as financial institutions dole out bigger budgets to boost their digital offerings, a recent global study by Finastra showed.

UOB announced on Thursday that it has received approval from bondholders to convert the interest rate benchmark for its £350 million (S$650.4 million) floating rate covered bonds due 2023 from sterling London Interbank Offered Rate (Libor) to the compounded daily Sterling Overnight Interest Rate Average (Sonia).

UOB announced on Thursday that it has received approval from bondholders to convert the interest rate benchmark for its £350 million (S$650.7 million) floating-rate covered bonds due 2023 from sterling London Interbank Offered Rate (Libor) to the compounded daily Sterling Overnight Interest Rate Average (Sonia).

SHARES of both Singtel and iFast Corporation rose on Thursday morning after the two mainboard-listed companies each announced their applications for a digital bank licence in Malaysia.