Singapore

Crypto / Digital Assets

SGX, Temasek Partner on Digital Asset Infrastructure in Capital Markets

By Editors | 23/01/2021

A new JV will use blockchain-based technologies to provide an issuance-to-settlement network for Asia bonds, funds and sustainable finance products.

Market Infrastructure

MAS Raises Expectations on Technology Risk Management

By Editors | 19/01/2021

The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.

Fintech / Regtech

Asia Has an Opportunity to Demonstrate Global RegTech Leadership

By Manesh Samtani | 18/01/2021

Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society’s Hong Kong Center.

ESG / Sustainability

ESG Investing Seen As Key Growth Driver for Singapore Fund Managers

By Manesh Samtani | 13/01/2021

86% of Singapore fund managers highlighted ESG investing as a key growth driver, up from 68% in the previous year, according to survey findings from IMAS.

ESG / Sustainability

SGX RegCo Chief Outlines Work Programme for H1 2021

By Manesh Samtani | 13/01/2021

SGX RegCo chief Boon Gin Tan outlined timelines for enhancements to its enforcement framework, sustainability reporting rules, and retail bonds framework, among other initiatives.

Securities / Derivatives

SGX RegCo Raises Audit, Valuation Standards for Listed Firms

By Manesh Samtani | 12/01/2021

Primary-listed issuers must appoint an ACRA-registered auditor, and only use property valuers that meet certain qualification criteria.

AML / KYC

Singapore Money Remittance Sector Poses High TF Risk: MAS

By Manesh Samtani | 11/01/2021

Singapore’s money remittance sector poses the highest risk of being exploited for terrorism financing, followed by the banking sector.

Market Infrastructure

UOB Prices Singapore’s First Capital Security with SORA Reference

By Editors | 10/01/2021

UOB priced its perpetual, non-call five-year AT1 securities with a reset coupon rate that references the SORA-OIS rate.

Fintech / Regtech

MAS Announces Completion of Phase One of Veritas Initiative

By Editors | 06/01/2021

The first phase of Veritas resulted in the development of a fairness assessment methodology based on the FEAT principles for two use cases.