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MAS reprimands 20 banks & 133 traders for attempting to influence financial benchmarks

MAS reprimands 20 banks & 133 traders for attempting to influence financial benchmarks

20 banks were found by MAS to have deficiencies in governance, risk management, internal controls, and surveillance systems for their involvement in benchmark submissions. These involved the Singapore dollar interest rate benchmarks, including the Singapore Interbank Offered Rates (SIBOR) - and the foreign exchange spot benchmarks. The... 

Singapore ranks 16th on Global Peace Index

Singapore ranks 16th on Global Peace Index

Singapore According to the latest Global Peace Index (GPI), released on 12 June 2013 by the Institute for Economics and Peace (IEP), the world has become a less peaceful place. In its annual report GPI 2013, IEP ranks 162 countries by measuring security in society, the extent of conflict and the degree of militarisation. This... 

Exposed PAP member Ng Kok Khim: ‘I have no political motive’ in AHPETC saga

Exposed PAP member Ng Kok Khim: ‘I have no political motive’ in AHPETC saga

Ng Kok Khim - exposed PAP grassroots leader, 2006 PBM recipient and patron of a market association involved in a dispute over the cleaning of hawker centres in Aljunied GRC - has responded to online allegations about his role in the Worker’s Party-run Aljunied-Hougang-Punggol East Town Council (AHPETC) saga. After Mr Ng... 



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