Singapore

Fintech / Regtech

APAC Regulatory Environment for GenAI Needs to Remain Flexible

By Eugene Goyne | 15/11/2024

As the use cases for GenAI in the financial sector grow, regulators will play a critical role in how GenAI applications are shaped and brought to market.

ESG / Sustainability

MAS Releases Interim Report from Transition Credits Coalition

By Nithya Subramanian | 15/11/2024

The report describes the issues involved in developing and applying transition credits, and sets out a framework to scale these credits for coal phaseouts.

MAS and Industry Partner to Launch Online Philanthropy Platform

By Nithya Subramanian | 15/11/2024

The online platform will provide tools and resources to enable finance professionals to enhance their philanthropy advisory services.

ESG / Sustainability

Singapore Pledges $500m in Concessional Funding for Climate Action

By Nithya Subramanian | 13/11/2024

The government will match every dollar, up to $500mn, of concessional capital committed by other partners involved in the FAST-P initiative.

AML / KYC

Singapore Introduces Bill to Give Police Additional Anti-Scam Powers

By Nithya Subramanian | 12/11/2024

The bill will allow the police to impose restrictions on individuals’ bank accounts and credit access if necessary to protect them from scams.

Securities / Derivatives

MAS Unveils New Green Finance and Market Initiatives with China

By Nithya Subramanian | 12/11/2024

The initiatives aim to expand cross-border green financing flows, enhance bond market connectivity, and deepen collaboration on index and ETF products.

Fintech / Regtech

NETS, Liquid Group Announce Expanded SGQR+ Services

By Nithya Subramanian | 11/11/2024

The expansion of services by NETS and Liquid Group follows the successful POC launch of SGQR+ by the MAS last November.

Crypto / Digital Assets

Anchorage Digital Secures Crypto Licence in Singapore

By Mark Johnston | 11/11/2024

The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

Crypto / Digital Assets

StanChart Using Ant’s Blockchain Platform for Instant Treasury Management

By Nithya Subramanian | 08/11/2024

OCBC also signed an MoU with Ant International to use its Whale platform for enable real-time cross-border payments.