
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

Cybersecurity
Bangladesh Bank Directs FIs to Enhance Cyber Defences
05/11/2024
The recommended measures include robust authentication protocols, AI-driven monitoring and enhancements to access control systems.

Stablecoins
Paxos Launches New US Dollar Stablecoin via Singapore Unit
05/11/2024
Paxos said the stablecoin, known as USDG, is designed to comply with Singapore’s upcoming stablecoin framework.

Tokenisation
SBI Digital Markets to Push Adoption of Tokenised Securities
05/11/2024
SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.

Tokenisation
UBS Launches First Tokenised Money Market Fund
05/11/2024
The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.

Tokenisation
MAS Unveils New Initiatives to Promote Tokenisation in Financial Services
04/11/2024
The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

Fraud, Scams & Cybercrime
Global Operation Dismantles Major Malware Operations: Eurojust
02/11/2024
Authorities shut down servers and seized domains linked to RedLine and META, which stole personal data from millions of victims worldwide.

Fraud, Scams & Cybercrime
FTX’s Former Engineering Director Spared Prison Time
01/11/2024
Nishad Singh has avoided prison time after cooperating with prosecutors. But the court has ordered him to pay $11bn in restitution.

Anti-Money Laundering
Singapore Launches Law Enforcement Strategy to Tackle Money Laundering
01/11/2024
The strategy identifies 4 focus areas and 10 key actions to ensure that law enforcement agencies remain at the forefront of AML efforts.

Cryptocurrency
MAS Grants In-Principle Approval to Crypto Firm Gemini
01/11/2024
The licence will allow Gemini to provide cross-border money transfers and digital payment token services in Singapore.

Trading & Investment
SGX Expands Access to Hong Kong Market with New SDRs
01/11/2024
SGX has launched five Hong Kong SDRs offering investors cost-effective and convenient access to top Hang Seng Index stocks.
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