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Usage of Artificial Intelligence for Financial Institutions in singapore

**The Monetary Authority of singapore** (MAS), has lately been working on newest guidelines in relation to the **artificial intelligence** (AI) that is used by financial institutions. AI is still a developing technology and is yet to be regulated around the world. singaporean government considers that there is a need to develop recommendations and guidelines to prevent misuse of artificial intel...

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Virtual Currencies’ Control in singapore

...dering policies. This puts financial regulators in the position where they should decide whether **digital currencies** are according to the legislation or they should be banned. An important statement was issued by the Deputy Prime Minister of **singapore**. He claimed that in the matters of money-laundering and terrorism financing, virtual currencies are not distinguished separately. All rule...

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Choosing Business Structure for a singapore Company

singapore is an offshore jurisdiction that attracts entrepreneurs since the 2000’s. At present, there is a wide choice of corporate structures if you want to form a business in singapore. Understanding which one is the best for you can mean a lot. We listed the most popular and suitable for business legal forms below to make the choice easier. **Limited liability company** A Limited liabi...

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6 ways to save your assets in case of business problems

...nies, because it will be more complicated to work and discuss returning conditions. Having an insured deposit in a reliable bank is a really good alternative and will help your business in case of any problems. Switzerland, Cyprus, United Kingdom or singapore banks offer deposits that can play the role of your safety rope 3. There is different types of expenses and some of them are not related ...

Path: Blog