The Four Digital Banks of Singapore
Earlier this month, the
Monetary Authority of Singapore (MAS) announced the first four digital banks approved by the regulator. The first digital banks out of the gate are the culmination of a multi-year process where MAS. In June 2019, MAS announced it would approve up to 5 separate digital bank licenses by 2020. Authorities first started to accept applications in August 2019, with the new bank licenses fell under two separate categories:
(a) up to two digital full bank licenses, which allow licensees to provide a wide range of financial services and take deposits from retail customers; and
WSJ: Hunter Biden Still Owns 10 Percent Stake in Chinese Private Equity Firm 980waav.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 980waav.com Daily Mail and Mail on Sunday newspapers.
December 16, 2020 at 1:19 PM
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Hunter Biden (Photo by Moses Robinson/Getty Images for Usher’s New Look Foundation)
Last week, President-elect Joe Biden’s son Hunter announced to the public that the U.S. Attorney’s office in Delaware is investigating his tax affairs.
According to the Associated Press, the investigation began in 2018, a year before Joe Biden announced his candidacy. At the time, investigators were also looking for potential money-laundering activities. The investigation was kept quiet until recently due to Justice Department guidelines prohibiting its staff from taking overt actions that can affect an election.
Not much is known about the investigation but it was reported that the Department of Justice has issued a subpoena demanding that Hunter Biden disclose information related to two dozen entities, including Ukraine gas company Burisma and his business dealing with Chinese companies.