Singapore

Hodlnaut froze withdrawals, token swaps and deposits on its platform on Monday to focus on stabilising its liquidity and preserving assets.

The revised Notice 637 will take effect from 1 January 2023, implementing the revised Pillar 3 disclosure requirements for IRRBB.

MAS conducted thematic inspections on the operational risk management standards and practices of selected banks, with a focus on third party risk management.

More than 100 law enforcers, lawyers, bank staff and other professionals have assembled into teams to brainstorm new solutions to stop scams.

While there has been a surge of data disclosure in Asia, the lack of a unified set of rules across the region opens the door for inconsistencies.

Sparrow and DTC were granted in-principle approval earlier this year. MAS will be consulting on proposed measures to enhance its regulatory framework in the next few months.

Both institutional and retail investors will be able to apply to purchase the bonds, which will be launched via a book-building process this week.

NSE IFSC-SGX Connect is ready to trade and clear Nifty equity derivatives for global institutions, with seven SGX members already onboarded.

The new guidelines will take effect from 1 January 2023, requiring fund managers in Singapore to disclose more information for any retail funds sold with ESG label.

The Point Carbon Zero Programme under Project Greenprint aims to catalyse the growth of climate FinTech solutions in Asia over the next three years.