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The RMs had provided clients with inaccurate or incomplete post-trade disclosures, 'resulting in clients being charged spreads which were above bilaterally agreed rates for 39 over-the-counter (OTC) bond transactions.

Credit Suisse has paid the penalty to the regulator and compensated its affected clients. Read more at straitstimes.com.

SINGAPORE: Credit Suisse has been hit with a S$3.9 million (US$2.9 million) civil penalty by the Monetary Authority of Singapore (MAS) after the bank failed to prevent or detect misconduct by its relationship managers in the Singapore branch. The bank's relationship managers had provided clients with "inac

Singapore regulators imposed a penalty against Credit Suisse over misconduct by its relationship managers in the city-state.

CZ pleads guilty, Grayscale persists with Bitcoin ETF, Singapore bans crypto incentives. Here's the latest crypto regulation round-up.

The Monetary Authority of Singapore has proposed tighter regulations on digital payment token service providers in Singapore

The Monetary Authority of Singapore has proposed tighter regulations on digital payment token service providers in Singapore

The Monetary Authority of Singapore (MAS) today published its final tranche of responses to feedback received on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore.

Singapore proposed additional regulations that further harden its stance against retail speculation in cryptocurrencies, including barring individual investors from borrowing to trade.

Singapore will introduce tightened rules to regulate crypto service providers in the city-state, in a bid to protect retail customers.