Singapore

ESG / Sustainability

MAS, PBOC to Jointly Establish Green Finance Taskforce

By Editors | 02/11/2022

A number of Singapore-China initiatives were announced this week, including plans by SGX, SSE and SZSE to launch a Low Carbon Index Family by year-end.

Crypto / Digital Assets

MAS Concludes Phase One of Retail CBDC Project

By Editors | 31/10/2022

Phase 1 of Project Orchid explored the concept of purpose-bound digital SGD, bearer instruments that enable senders to specify conditions when making transfers in digital SGD.

Crypto / Digital Assets

SGX-owned MaxxTrader Partners with DBS on Digital Assets

By Editors | 30/10/2022

DBS said the partnership enables it to provide more dynamic pricing, financing, and risk solutions to investors, which contributes to Singapore’s growing influence as a global digital asset hub.

ESG / Sustainability

Singapore to Host Platform to Unify Carbon Market Registry Data

By Editors | 29/10/2022

Climate Action Data Trust, or CAD Trust, will link, aggregate and harmonise all major carbon market registry data, and help with reporting under Article 6 of the Paris Agreement.

ESG / Sustainability

SGX to Launch Futures Based on MSCI Climate Action Indexes

By Editors | 28/10/2022

Futures contracts based on MSCI’s new Climate Action Indexes will help investors reduce the carbon footprint of their portfolios and drive investment into climate transition efforts.

ESG / Sustainability

SGX RegCo Consults on Independent Director Tenure Limit

By Editors | 28/10/2022

The consultation also proposes to require listed companies to disclose director and CEO remuneration in annual reports on a named basis.

Securities / Derivatives

CFTC Grants Exemptions to Three More Singapore RMOs

By Editors | 27/10/2022

The CFTC granted SEF registration exemptions to Bloomberg Tradebook Singapore, SGX FX Markets (BidFX), and Synoption.

AML / KYC

NLP for Regulatory Compliance: A Question of When, Not If

By Irene Liu | 27/10/2022

Accenture’s Irene Liu and team discuss the use of NLP technology within compliance functions, as well as the adoption challenges and how to address them.

Capital / Liquidity

MAS Proposes New Rules for Crypto Firms, Stablecoin Issuers

By Manesh Samtani | 27/10/2022

Retail investors won’t be allowed leverage and will have to undergo a knowledge test. Stablecoin issuers will have strict rules on reserve assets and a S$1bn capital requirement.