
Ranamita is a Singapore-based reporter with over five years of experience in journalism, content writing and public relations. She holds a Master's degree in International Relations from RSIS, NTU Singapore and a Bachelor of Communication degree from Murdoch University, Australia.
Climate Risk
Singapore Reviewing Carbon Price Trajectory, says MAS Chief
21/07/2021
The government is reviewing its targets for the price of carbon to ensure it helps Singapore meet its climate commitments.
Anti-Money Laundering
Singapore Man Admits to Laundering Money in SkillsFuture Scam
20/07/2021
A former Grab and Uber driver has admitted to playing the role of a “dummy director” of several shell companies involved in the SkillsFuture scam.
Trading & Investment
Korean Regulators Ramp Up Scrutiny of IPO Valuations
18/07/2021
Listing applicants in Korea have recently had to lower their IPO pricing to address FSS concerns over high valuations.
Structural Regulation
ASIC Proposes Additional Guidance on Litigation Funding
17/07/2021
ASIC proposes to grant relief from the equal treatment duty to enable the effective distribution of a resolution sum obtained in a class action.
Trading & Investment
Axis Bank Announces First Derivative Transaction Linked to SOFR
17/07/2021
SOFR is expected to be the most widely accepted benchmark rate used to replace LIBOR and MIFOR in India.
Climate Risk
SGX Pledges to Reduce Emissions, Support Steel Decarbonisation
16/07/2021
As part of efforts to help the commodities ecosystem progress to a more sustainable future, SGX plans to introduce greener contracts in scrap and battery metals next year.
CBDCs
ECB Launches Multi-year Digital Euro Project
15/07/2021
The plan is to allow regulated banks and fintechs to open accounts at the ECB so they can offer digital euro wallets to customers.
Capital Adequacy
RBI Proposes Changes to UCB Fundraising Norms
15/07/2021
Primary UCBs can issue equity shares, perpetual or redeemable preference shares, perpetual debt instruments, and long-term subordinated bonds.
Anti-Money Laundering
European Commission Seeks Establishment of New AML Authority
15/07/2021
The new authority would be able to directly oversee the financial firms operating across multiple member states and issue penalties for AMLviolations.
Fraud, Scams & Cybercrime
MAS, ABS Working to Improve Safeguards Against Scams – Reports
14/07/2021
A task force has been set up to help Singapore’s financial industry improve safeguards against scams and fraudulent transactions.
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