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AML / KYC
Singapore Authorities Probe Two Companies with Wirecard Links
By Editors | 04/07/2020
Citadelle Corporate Services is said to have handled Wirecard monies without a trust business licence. Senjo Group is said to have falsified accounts.
Securities / Derivatives
Singapore Banks Join Forces to Reduce Commodity Lending Risk
By Editors | 02/07/2020
Some 20 banks in Singapore have set up a working group to propose new guidelines to improve lending practices and transparency for the commodity sector.
Securities / Derivatives
SGX to Launch New Taiwan Index Futures Contract
By Editors | 01/07/2020
The launch will help meet the rising demand of US and European investors for access and investment exposure to Taiwan, said SGX Head of Equities Michael Syn.
DBS Unveils Sustainable Finance Framework for Clients
By Editors | 01/07/2020
The framework and taxonomy will help DBS clients transition to more sustainable business models, providing them transition financing to do so.
Securities / Derivatives
Wave of Fund Managers Looking to Set Up Singapore VCCs
By Editors | 01/07/2020
Up to 70 VCCs have already been launched in Singapore, many by small and boutique funds or local family offices. But a much larger wave of companies is on its way.
Securities / Derivatives
SGX Pushes into FX OTC Market with BidFX Acquisition
By Editors | 30/06/2020
The acquisition will bring together two growing and mutually-reinforcing pools of liquidity, and allow SGX to further expand into the global FX OTC market.
Securities / Derivatives
Singapore Banks Ready to Trade SORA Derivatives
By Editors | 29/06/2020
The ABS and SC-STS say “significant progress” has been made in key technical work to support Singapore’s transition from SOR to SORA.
Securities / Derivatives
SGX RegCo Publishes Best Practices Guide For Singapore Lawyers
By Editors | 29/06/2020
The Guide offers clarity to Singapore lawyers on regulatory submissions on behalf of listed companies, establishing a baseline standard for their conduct.
ESG / Sustainability
A Detailed Look at MAS’ Environmental Risk Management Guidelines
By Grace Chong | 29/06/2020
Grace Chong at global law firm Simmons & Simmons JWS analyses the key points of MAS’ proposed Guidelines on Environmental Risk Management, and sets out the key practical steps to be taken.
ESG / Sustainability
MAS Consults on Environmental Risk Management Guidelines for FIs
By Manesh Samtani | 25/06/2020
The guidelines set out MAS’ supervisory expectations for banks, insurers and asset managers in their governance, risk management, and disclosure of environmental risk.
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