The companies, products and regulatory developments shaping the broker industry.
MAS expects retail brokers to offer both full and limited account restrictions from June 2027. The distinction matters when a compromised account still has positions exposed to the market.
Singapore’s regulator published the broker-specific guidelines and accompanying FAQs on 20 October and encourages implementation before the effective date.
Market questions need no linked account; balance queries require consent, while purchase prompts can open a prefilled Kraken flow.
The exchange’s account-takeover programme adds a financial incentive to keep protective settings enabled. Claim eligibility turns on who authorised the transfer, evidence from the account and the conditions in force when the incident occurred.