Singapore

Securities / Derivatives

Low AUM, High Risk-based Capital Rules to Disrupt Funds Industry

By Nithya Subramanian | 28/11/2023

As MAS plans to repeal the RFMC regime, players said that consolidation and dropouts are expected to impact the industry.

ESG / Sustainability

Singapore-listed Firms Progress in Sustainability Reporting, Some Gaps Revealed

By Ranamita Chakraborty | 24/11/2023

Sustainability reporting and climate disclosures are tools for tracking a company’s long-term growth, noted Singapore’s DPM at the SGX Sustainability Reporting Review 2023 launch.

Crypto / Digital Assets

MAS to Phase in New Crypto Rules Starting Mid-2024

By Editors | 23/11/2023

The rules cover business conduct, technology risks, and consumer access. Crypto assets can be counted towards accredited investor net worth calculations.

Tax Incentives Crucial to Attracting Single Family Offices to Singapore

By Ranamita Chakraborty | 21/11/2023

The slew of sops along with the regulator’s focus on quality investors has made the city-state a preferred destination for the super-rich.

Crypto / Digital Assets

MAS Grants In-Principle Approval to Crypto Firm XREX

By Mark Johnston | 21/11/2023

The in-principle approval encompasses six payment services. Last week, MAS also granted in-principle approvals to three stablecoin issuers.

Crypto / Digital Assets

Industry Takes Tough Stance Against Unfair Trading Practices in Crypto

By Ranamita Chakraborty | 20/11/2023

Panellists at the Singapore FinTech Festival said regulators can work with the industry to address unfair trading practices.

Fintech / Regtech

BIS Innovation Hub Unveils First Use Case for Project Mandala

By Editors | 20/11/2023

Project Mandala seeks to address disparate policy and regulatory frameworks across jurisdictions that hinder cross-border payments.

ESG / Sustainability

SGX RegCo Calls for “Real Change” on Board Diversity and Renewal

By Mark Johnston | 19/11/2023

SGX RegCo CEO Tan Boon Gin discussed the benefits and challenges of board diversity and renewal, and expectations for listed issuers.

Capital / Liquidity

MAS Finalises New Notice for FHCs With Insurance Subsidiaries

By Editors | 19/11/2023

The new notice covers requirements on capital adequacy, valuation of assets, and policy liabilities in respect of life business and general business.