Effective: 25 March 2025

David Yong faces four charges for the falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.

The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers.

This update summarises the changes that were made to the Guidelines for Developoers on Anti-Money Laundering and Counter Financing of Terrorism on 21 January 2025 in line with the key recommendations made in the report by the Inter-Ministerial Committee on Anti-Money Laundering.

The Monetary Authority of Singapore recently shared the first set of measures proposed by the Equities Market Review Group to enhance the competitiveness of Singapore’s equities market. This update provides an overview of these measures with the second set of measures expected to be completed by end 2025.

The effects of a scam are often suffered not only by the victim, but also by the family. Given the prevalence of scams, it would be good to have a central online resource to help the victim and his family figure out the next steps, says the author.

MHA said Facebook was unable to curb the frequency of scam advertisements in the second half of 2024.

Malone Lam and his US co-accused have been arrested and charged with theft of more than 4,100 Bitcoin worth over US$450 million at current prices.

Experts say it may be a strong deterrent, but more is needed to reduce allure of the crime.

She admitted to carrying out business of providing payment service without licence.

Serious harm caused, record-high losses in 2024 prompting tougher stance.

The Monetary Authority of Singapore has announced that the Equities Market Review Group (Review Group) has recommended its first set of measures to enhance the development of Singapore's equities market. This update summarises the regulatory initiatives recommended by the Review Group and discuss their potential impact on the listing process.