
Nithya Subramanian, a deputy editor at Regulation Asia, has wide experience covering the financial sector in India and Singapore. She has written extensively about wealth management, capital markets and insurance sectors tracking policy and corporate developments. Researching and writing about the South Asian diaspora settled in Singapore and the region is another area of interest. She has a post-graduate degree in English literature. Reach out to her at nithya@regulationasia.com

ESG / Sustainability
CIX Launches Nature-Based Carbon Removal Contracts
09/04/2024
Climate Impact X said the contracts are designed to give buyers confidence and certainty in the projects delivered.

ESG / Sustainability
Citi, JP Morgan, RBC Agree to Disclose ‘Energy Supply Ratios’
09/04/2024
The three banks agreed to disclose their financing ratio of low-carbon energy to fossil fuels, the New York City Comptroller confirmed.

Crypto / Digital Assets
Google Sues Crypto Scammers Over Fraudulent Apps
09/04/2024

ESG / Sustainability
Malaysia Launches Toolkit for Scaling Transition Finance
08/04/2024
The toolkit is intended to help corporates build credible science-based climate transition plans that are aligned to the Paris Agreement or respective national targets.

Fintech / Regtech
MAS Grants Major Payment Institution Licence to TerraPay
08/04/2024
The licence enables TerraPay to offer account issuance, money transfer, merchant acquisition, and e-money issuance services.

AML / KYC
Singapore Secures Second Conviction in Money Laundering Case
05/04/2024
Cypriot national Su Haijin, known for trying to escape from the police last August, agreed to forfeit about S$165mn in assets.

Crypto / Digital Assets
MAS Grants MPI License to Crypto Market Maker GSR
05/04/2024
The new licence enables GSR Markets to offer marketing making and over-the-counter trading services in Singapore.

Market Infrastructure
Singapore Tables Bill in Parliament to Amend Cybersecurity Act
04/04/2024
Under the amendments, data centres, cloud services and other foundational digital infrastructure will be subject to a “light-touch” regulatory treatment.

Crypto / Digital Assets
How HKMA Aims to Prevent Fragmented Digital Money Ecosystem
04/04/2024
HKMA aims to ensure that different types of tokenised money issued in the city can interact with each other.

Market Infrastructure
Brunei and Laos Join ASEAN Payment Connectivity Initiative
04/04/2024
The addition of Brunei and Laos brings the ‘Regional Payment Connectivity’ group to a total of eight ASEAN central banks.
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