Source of article: Channel News Asia The recent in-principle approvals granted to 3 more players dealing in digital payment tokens (“DPT”) by the MAS underscores Singapore’s intent to promote the use of the blockchain technology that drives cryptocurrencies, whilst protecting retail investors from the risks associated with the highly volatile nature of the industry. The…
Source of article: The Strait Times Writer credits: Grace Leong Spiralling asset prices amidst the crypto market blizzard has mortally impacted hedge fund Three Arrows Capital, crypto broker Voyager Digital, and the latest casualty, crypto lender Celsius Network. The Singapore Straits Times has just published my views on the latest legal developments involving the liquidation…
Source of article: Business Times Writing credits: Uma Devi Directors buying shares in their company are signalling that they are confident of the prospects of the company – that they have skin in the game and are further committed to the company by increasing their personal stakes. Often, directors buy shares to support the share…
Source of article: The Straits Times (print) When the Board has been lax and tardy in exercising its oversight responsibilities for the company’s governance, this often creates opportunities for errant management conduct to surreptitiously take root and fester. This could be the genesis for a systemic failure and a corporate fiasco waiting to happen. Every…
Source of article: Channel News Asia The additional set of measures that has just been announced by the Monetary Authority of Singapore (“MAS”) and the Association of Banks in Singapore to counter and mitigate the negative effects of digital banking scams is most laudable. The further set of measures that will come into effect on…
