Monetary Authority of Singapore

    MAS, IFC, UNDP Launch Global MSME Empowerment Programme

    By Editors | 14/06/2022

    The programme will seek to help MSMEs build financial literacy and digital skillsets, address financing gaps and improve financial inclusion.

    Crypto / Digital Assets

    ADDX to Recognise Crypto Assets for Investor Onboarding

    By Sanday Chongo Kabange | 14/06/2022

    ADDX will begin recognising bitcoin and ether using a 50 percent haircut and stablecoin USDC using a 10 percent haircut.

    Enforcement

    Contracts for Difference: Playing with Fire

    By Emma Parry | 13/06/2022

    Increased regulatory scrutiny of CFDs highlights the need for a renewed focus on financial literacy and investor education, says Emma Parry.

    Enforcement

    Singapore Court Jails Listed Company CFO for Insider Trading

    By Editors | 13/06/2022

    The former CFO of Broadway Industrial Group communicated information to two friends about the sale of two of the company’s businesses 2016.

    ESG / Sustainability

    Singapore Prepares to Issue First Sovereign Green Bonds

    By Darien Choong | 10/06/2022

    Singapore authorities have published a framework setting out how the government will issue and manage sovereign green bond issuances.

    ESG / Sustainability

    GFANZ Launches APAC Network to Accelerate Move to Net Zero

    By Editors | 08/06/2022

    GFANZ has opened a new regional headquarters in Singapore, with support from SGX, Temasek and MAS.

    Market Infrastructure

    MAS Finalises Revisions to BCM Guidelines for FIs

    By Manesh Samtani | 07/06/2022

    FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.

    Fintech / Regtech

    Ant Group Launches Digital Bank Operations in Singapore

    By Manesh Samtani | 06/06/2022

    ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.

    Fintech / Regtech

    Green Link Digital Bank Launches Operations in Singapore

    By Editors | 03/06/2022

    Green Link Digital Bank, owned by Greenland Group and Linklogis, will seek to address the needs of underserved MSMEs.

    AML / KYC

    Singapore Banks to Adopt More Scam Prevention Measures

    By Darien Choong | 02/06/2022

    The measures include an emergency self-service ‘kill switch’, enhancements to fraud surveillance systems, and additional customer confirmations.

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