Tag: Singapore

July 21, 2016 BY Valentina Kirilova

Authorities investigate various 1MDB-related fund flows through Singapore

The Attorney-General’s Chambers (AGC), Commercial Affairs Department (CAD), Singapore Police Force, and Monetary Authority of Singapore (MAS), have announced today in a joint statement that the Singapore authorities have been investigating various 1MDB-related fund flows through Singapore, for possible money laundering, securities fraud, cheating, and other offences committed in Singapore. Singapore’s investigations began in March…

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May 06, 2016 BY Mike Fox

EM currency trading firm R5 appoints 4 more for teams in London and Singapore

R5, the emerging marketplace for local market FX trading, today announced four new appointments in its London and Singapore offices. The company is currently live for eNDF trading in London and Singapore. R5, a global financial electronic trading technology company, offers both interbank and “All-to-All” FX trading marketplaces, dedicated to emerging markets. Its focus is…

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February 01, 2016 BY Maria Nikolova

Monetary Authority of Singapore grants status of Recognised Clearing House to LCH.Clearnet

International clearing house LCH.Clearnet Ltd today announced that it has formally received the status of Recognised Clearing House by the Monetary Authority of Singapore (MAS). The status covers LCH.Clearnet’s EnClear (Freight Division), ForexClear and SwapClear services. At present, LCH.Clearnet clears Singapore Dollar-denominated interest rate swaps as well as commodities futures, including freight, iron ore, and…

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January 07, 2016 BY Maria Nikolova

TradAir expands in Asia, opens Singapore office

eFX trading solutions provider TradAir is expanding in Asia. The company today announced it is deploying servers in Singapore, and that it is opening a local office, to support the growing number of clients in the region. Commenting on the move, Ayal Jedeikin, Co-Founder and COO TradAir, said, “TradAir provides a high performance, always available global eFX…

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November 04, 2015 BY Mike Fox

Singaporean DBS Bank sued by investor after she lost millions in Forex

Singaporean bank DBS Bank we learned today was sued by a "sophisticated" investor, meaning in this case someone with a lot of assets at hand...or to lose. She claims she was given worthless advice causing her to lose millions. So what exactly was the investment advice given to the woman? Singapore's most widely read newspaper…

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