Singapore

ESG / Sustainability

Former MAS Chief Takes on Role as Ambassador for Climate Action

By Ranamita Chakraborty | 28/03/2024

Ravi Menon was the longest-serving managing director at MAS where he spearheaded initiatives in green finance, transition financing and blended finance.

AML / KYC

MAS Requiring Family Office Applicants to Respond to Queries Faster

By Ranamita Chakraborty | 27/03/2024

A 30-day deadline is being reportedly imposed for responses to queries from the regulator. Late responses could result in application dismissal.

Securities / Derivatives

SGX RegCo Requires Large Issuers to Submit Proposed AGM Dates

By Ranamita Chakraborty | 27/03/2024

The regulator highlighted that shareholders’ ability to attend AGMs is hindered if multiple AGMs are clustered within the same period.

Securities / Derivatives

SGX to Start Disclosing Commodity Positions of Traders in Q3

By Editors | 26/03/2024

SGX will start disclosing commitment of traders reports weekly, initially for iron ore, rubber and freight, to attract more overseas participation in its markets.

Securities / Derivatives

SGX Proposed to Refine Cap on Clearing Member Liability

By Editors | 25/03/2024

The proposed cap is designed to provide clearing members certainty on their potential exposures when multiple defaults occur.

Securities / Derivatives

SGX Announces New Listing Under Shanghai ETF Link

By Ranamita Chakraborty | 21/03/2024

The listing strengthens the collaboration between SGX and SSE, expanding their ETF product link to three offerings in total.

Crypto / Digital Assets

Grab Introduces Crypto Payments for Singapore Customers

By Ranamita Chakraborty | 20/03/2024

Grab’s new partnership with payments provider Triple-A allows it to offer wallet top-up option using Bitcoin, Ether, XSGD, USDC, and USDT.

MAS to Release Revised Fair Dealing Guidelines for FIs Soon

By Nithya Subramanian | 19/03/2024

The updated guidelines will apply in a “risk proportionate manner” and ensure that customers are treated fairly, said MAS’ Ho Hern Shin.

ESG / Sustainability

UNDP, MAS, GLEIF Launch Whitepaper on Project Savannah

By Ranamita Chakraborty | 18/03/2024

The whitepaper details Project Savannah’s goals and strategy for empowering MSMEs in sustainability reporting through three key pillars.