Month: October 2023

Robson Lee > My Content > 2023 > October

Loss-sharing framework for banks, telcos should keep pace with evolving scams, say industry watchers

Source of article: The Business Times In summary: The public consultation paper jointly published by the Monetary Authority of Singapore and the Infocom Media Development Authority to provide a shared responsibility framework (“SRF”) for financial institutions (“FIs”), telcos and consumers to address a burgeoning problem of phishing scam losses, is to be applauded. The “water-fall” structure…

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Streamlined regulatory framework for fund managers fits with industry’s growth in Singapore: market observers

Source of article: The Business Times In summary: The Monetary Authority of Singapore released a public consultation paper on the repeal of the regulatory regime for registered fund management companies (“RFMCs”) on 24 October 2023. The RFMC regime was introduced in 2012 following the repeal of the Exempt Fund Manager (“EFM”) regime. The proposed repeal of…

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Japan’s ‘name-and-shame’ fix for listco valuation is short-term, may not work in Singapore

Source of article: The Business Times In summary: Japan Exchange’s regime to “name and shame” to boost corporate valuations and to improve governance is novel. It would however be a rather blunt regulatory instrument to foster compliance. It may have the untoward effect of engendering short-termism, or cosmetic buffing by corporate managers and their Boards at…

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Regional M&A activity picking up as US, Europe markets recover

Source of article: The Business Times In summary: Regional M&A transactions have picked up since the second-half of 2023. The burgeoning growth of AI has been a driving force for corporations to expand and accelerate lateral growth. Private equity firms are undertaking portfolio reviews and embarking on disposal plans to realise previous investments to optimise returns. …

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