COLORADO, US - Media OutReach Newswire - 11 May 2026 - Recently, BGEANX Exchange officially obtained the Financial Service Provider (FSP) registration license in New Zealand. This certification provides authoritative assurance for the compliant operations of BGEANX in the Oceania region, further solidifying its legitimacy in the international market.
Registration as a Financial Service Provider (FSP) in New Zealand is a globally recognized compliance certification and a crucial regulatory qualification in the cryptocurrency market. It requires licensed institutions to strictly adhere to regulatory standards, implementing multiple provisions concerning fund security, anti-money laundering (AML), customer identity verification (KYC), and market conduct norms.
Entities registered with the FSPR (Financial Service Providers Register) are authorized to conduct corresponding business activities. Therefore, BGEANX can operate compliantly in multiple financial services, including asset custody, financial product trading, portfolio management, and cross-border payments, ensuring that the services provided by the platform adhere to legal regulations and international standards.
The compliance team of BGEANX Exchange stated: "Obtaining the New Zealand FSP license is an affirmation of our platform and business, and further demonstrates the global applicability of the BGEANX compliance framework. We consistently adhere to the principle of compliant operations to provide security for global users."
The acquisition of the FSP license marks the leading position of BGEANX Exchange within the global compliance system. Through this qualification, BGEANX Exchange is able to provide various services that meet international financial regulatory requirements, further enhancing its brand competitiveness in the global market.
BGEANX Exchange has consistently been committed to promoting the standardization of the cryptocurrency market. By obtaining various compliance qualifications, the platform has demonstrated its high regard for and long-term commitment to the regulatory environments of various regions. According to its disclosed compliance roadmap, BGEANX Exchange will continue to strengthen its compliance framework to adapt to the increasingly stringent international regulatory landscape.
Obtaining the FSP license marks another significant milestone in the compliance strategy of BGEANX Exchange. Leveraging its solid compliance foundation, the platform will advance the global development of its digital asset trading services, provide users with innovative financial services, and propel the industry into a new phase of development.
Hashtag: #BGEANX
The issuer is solely responsible for the content of this announcement.
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SINGAPORE - Media OutReach Newswire - 11 May 2026 - The Institute of Singapore Chartered Accountants (ISCA) has launched a new Taskforce to strengthen financial reporting and investor confidence in Singapore, amid growing focus on corporate transparency, financial controls and trust in capital markets.
The Strengthening Financial Reporting Taskforce was launched today at the ISCA Value Unlock Forum held in partnership with Singapore Exchange (SGX). Chaired by Ms Euleen Goh, ISCA Distinguished Lifetime Member and Chairman of Singapore Institute of Management Group Ltd, the Taskforce will bring together leaders from business, finance, academia and investor groups to review Singapore's financial reporting ecosystem and recommend ways to strengthen the quality, integrity and usefulness of corporate reporting.
The Taskforce comes at a timely moment as Singapore continues efforts to strengthen its capital markets and business ecosystem. Recent national initiatives, including the Accountancy Workforce Review Committee and the Monetary Authority of Singapore's Equities Market Review, have highlighted the importance of strong financial reporting, professional capabilities and investor trust.
The launch also comes amid ongoing discussions on reducing compliance costs for smaller companies, including ACRA's review of Singapore's audit exemption framework. Regardless of how the framework evolves, strong financial reporting practices, competent finance professionals and effective financial controls remain fundamental to upholding confidence among investors, lenders and stakeholders.
The Taskforce will study how companies can improve the way they communicate financial performance, business risks and long-term value creation to investors and stakeholders. It will also examine how Singapore can continue to uphold high standards of governance, transparency and accountability in a rapidly evolving business environment.
Ms Euleen Goh, Chairperson of the Strengthening Financial Reporting Taskforce, said: "Financial reporting has always been the language of business. As markets evolve, it must speak more clearly and more usefully to the stakeholders who rely on it. The Taskforce will take a practical and holistic look at how Singapore can raise the bar so that companies communicate value and insights with the confidence and clarity that investors and the market expect."
The Taskforce comprises leaders from across the financial ecosystem:
- Mr Liew Nam Soon, Deputy Regional Managing Partner, EY Asia East; Managing Partner, EY Asean; Managing Partner, EY Singapore & Brunei
- Mr Leong Yung Chee, Group CFO, United Overseas Bank Limited
- Professor Lawrence Loh, Director, Centre for Governance and Sustainability, NUS Business School, National University of Singapore
- Ms Belinda Tan, CA (Singapore), Managing Director of Finance, Temasek International
- Mr Ang Hao Yao, Vice President, Securities Investors Association (Singapore)
- Ms Karen Loon, Member, Governing Council of the Singapore Institute of Directors
- Mr Tan Boon Gin, CEO, Singapore Exchange Regulation (Observer)
- Mrs Chia-Tern Huey Min, CE, Accounting and Corporate Regulatory Authority (Observer)
Mr Lee Boon Teck, President of ISCA, said: "High-quality financial reporting and strong financial controls are essential to investor confidence and market integrity. As Singapore's national accountancy body, ISCA believes professionally trained finance and accounting professionals play a critical role in safeguarding trust in business and capital markets. This Taskforce reflects our commitment to supporting Singapore's continued standing as a trusted global financial and business hub."
The Taskforce was launched at the ISCA Value Unlock Forum, which brought together C-suite leaders, finance professionals and capital markets stakeholders to discuss how companies can better communicate value to the market.
ISCA Academy, an Approved Training Provider under the SGX Value Unlock Programme, supported the afternoon sessions as part of the ISCA Value Unlock Series. The series aims to equip listed companies and finance leaders with practical capabilities to communicate performance, strategy and value more effectively to the market.
Ms Cyndi Pei, Chairperson of ISCA Academy, said: "As stakeholder expectations continue to evolve, finance leaders are increasingly expected to go beyond reporting results to articulating performance, risks and value creation with clarity, credibility and context. ISCA Academy remains committed to supporting the profession and the broader market by building the practical capabilities needed to reinforce trust, promote transparency and strengthen confidence in Singapore's capital markets."
The Taskforce will engage stakeholders over the coming months and provide recommendations on strengthening Singapore's financial reporting ecosystem.Hashtag: #ISCA #CharteredAccountants #FinancialReporting #DifferenceMakers #Accounting #Accountancy
The issuer is solely responsible for the content of this announcement.
About the Institute of Singapore Chartered Accountants (ISCA) Academy
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.
ISCA supports over 43,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.
ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.
ISCA Academy, the leading business school of ISCA, delivers immersive, industry-informed learning across accountancy, finance, technology, governance and leadership. We equip learners to reskill, reconnect and reinvent, empowering them to stay relevant and ahead by choice.
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