BIG PICTURE

AML / KYC

Singapore to Monitor Money Laundering Risks from Crypto Exchange Applicants

By Nithya Subramanian | 06/11/2023

The regulator will reject applicants who fail to meet the required standards for ML/TF and technology risks.

Crypto / Digital Assets

CPMI Assesses Benefits of Stablecoins in Cross-border Payments

By Manesh Samtani | 05/11/2023

CPMI says stablecoins would not necessarily have a positive impact on cross-border payments even if they were properly designed and regulated.

Big Picture

Why Vigilance is Crucial in Compliance

By Ranamita Chakraborty | 02/11/2023

WRISE group head of risk and compliance and former police officer Gaven Koh discusses the need for heightened vigilance amid Singapore’s biggest money laundering scandal

AML / KYC

FATF Issues Report on Crowdfunding for Terrorism Financing

By Editors | 01/11/2023

The report describes how terrorist groups exploit crowdfunding platforms and provides risk indicators and recommendations to help combat this activity.

ESG / Sustainability

ASIFMA Issues Recommendations on Carbon Market Development

By Manesh Samtani | 27/10/2023

A new paper from ASIFMA and King & Wood Mallesons offers recommendations on establishing, regulating and scaling up carbon markets.

Fintech / Regtech

AI-based SupTech Can Improve Market Integrity: Study

By Manesh Samtani | 25/10/2023

The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.

ESG / Sustainability

Financial Viability Biggest Challenge in Coal Phase-Out: SIEW Panel

By Ranamita Chakraborty | 24/10/2023

Collaboration and transition credits could be key in addressing the financial viability of coal phase-out, said panellists at the Singapore International Energy Week Summit.

Big Picture

New Paper Sheds Light on CCP Credit Risk Management Practices

By Manesh Samtani | 23/10/2023

The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.

Big Picture

BIS General Manager Outlines Crisis Management Lessons from Bank Failures

By Mark Johnston | 19/10/2023

In a speech, Agustín Carstens reviewed the key features and outcomes of the interventions by the US and Swiss authorities to manage bank failures.