Singapore

Fintech / Regtech

SGX, Trumid, Hillhouse to Launch Asian Bond Trading Platform

By Editors | 08/02/2021

The partnership will connect SGX’s and Trumid’s bond trading platforms to enhance liquidity and execution in the Asian bond market for global clients.

Market Infrastructure

Singapore: Enhanced Personal Data Protection Act Takes Effect

By Manesh Samtani | 08/02/2021

The enhanced PDPA introduces mandatory data breach notification, criminal penalties for mishandling data, and a higher cap on penalties for breaches by large organisations.

Singapore Launches Simplified Insolvency, Restructuring Programme

By Editors | 05/02/2021

Eligible micro and small companies severely impacted by Covid-19 can apply for help with debt restructuring, business rehabilitation or orderly winding up.

Securities / Derivatives

Asian Regulators Issue Warnings as GameStop Remains in Focus

By Manesh Samtani | 04/02/2021

Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.

Market Infrastructure

MAS Outlines 2021 Plans to Continue Transitioning to SORA

By Manesh Samtani | 02/02/2021

SOR will now end 18 months later to reflect the IBA’s plans, but the transition to SORA in cash products and derivatives markets will continue at pace.

Enforcement

Singapore Authorities Probe Crowdfunding Platform for Misconduct

By Editors | 02/02/2021

The probe is looking into possible offences under the Penal Code and the Securities and Futures Act by group companies belonging to CoAssets Ltd.

Crypto / Digital Assets

SGX-Temasek JV to Digitalise Bond Issuance Workflows

By Editors | 31/01/2021

The JV will partner with Covalent Capital to streamline the listing, straight-through processing and settlement of bonds and activities in bond lifecycle management.

ESG / Sustainability

Singapore Taskforce Proposes Taxonomy for Identifying Green Activities

By Editors | 29/01/2021

The taxonomy draws on the theoretical underpinnings of the EU taxonomy and proposes a traffic-light system which sets out how activities are classified.

ESG / Sustainability

SGX Launches ESG Futures as Part of Sustainability Agenda

By Editors | 25/01/2021

The launch is part of the SGX FIRST initiative, a multi-pronged expansion of the exchange’s sustainability capabilities announced in December.