MONETARY AUTHORITY OF SINGAPORE

Crypto / Digital Assets

IOSCO Chair Calls for Coordinated Response to Crypto Challenges

By Ranamita Chakraborty | 04/12/2023

Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.

Market Infrastructure

SGX Announces First Listings Under Shanghai ETF Link

By Manesh Samtani | 03/12/2023

ETF listed on SGX will give investors exposure to high dividend paying Shanghai stocks. ETF listed on SSE will track Indian and Southeast Asian tech companies.

AML / KYC

MAS Spotlights Interest Rate and Money Laundering Risks

By Editors | 29/11/2023

The latest Financial Stability Review discusses the impact of rising global interest rates on households and increased concerns over money laundering.

AML / KYC

Singapore Banks to Roll Out “Money-locking” Anti-Scam Measure

By Editors | 28/11/2023

‘Locked up’ funds will remain safe, even if the customer’s mobile devices or bank account login credentials fall into the wrong hands.

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

What is Next for Sustainability Reporting?

By Ranamita Chakraborty | 27/11/2023

Sustainability reporting is an investment opportunity and risk management strategy, said panellists at the SGX Sustainability Reporting Review launch.

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.

AML / KYC

US Authorities Secure Multi-Billion Dollar Settlement from Binance

By Editors | 21/11/2023

Binance CEO Changpeng Zhao stepped down as part of the settlement with DOJ, FinCEN, OFAC and CFTC. SEC case not mentioned.