Monetary Authority of Singapore

    Crypto / Digital Assets

    MAS Grants Three More In-Principle Approvals to Crypto Firms

    By Manesh Samtani | 22/06/2022

    Deputy PM Heng Swee Keat said in-principle approvals were being issued to three more DPT licence applicants, later identified as Crypto.com, Genesis and Sparrowtech.

    ESG / Sustainability

    MAS Unveils First Use Case for New AI Platform ‘NovA!’

    By Sanday Chongo Kabange | 22/06/2022

    NovA! will initially be used for ESG risk assessments when originating, underwriting and servicing sustainability-linked loans for the real estate sector.

    Market Infrastructure

    LCH Extends Central Clearing for SORA Derivatives to 31 Years

    By Editors | 21/06/2022

    The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.

    Market Infrastructure

    MAS Carries Out Cyber Resilience Exercise with French Regulators

    By Editors | 19/06/2022

    The joint exercise “fully confirmed” the ability of the MAS, BdF and ACPR to exchange and share information efficiently in times of crisis.

    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.

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