Singapore

The launch is part of the SGX FIRST initiative, a multi-pronged expansion of the exchange’s sustainability capabilities announced in December.

The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.

A new JV will use blockchain-based technologies to provide an issuance-to-settlement network for Asia bonds, funds and sustainable finance products.

The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.

Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society's Hong Kong Center.

86% of Singapore fund managers highlighted ESG investing as a key growth driver, up from 68% in the previous year, according to survey findings from IMAS.

SGX RegCo chief Boon Gin Tan outlined timelines for enhancements to its enforcement framework, sustainability reporting rules, and retail bonds framework, among other initiatives.

Primary-listed issuers must appoint an ACRA-registered auditor, and only use property valuers that meet certain qualification criteria.

Singapore’s money remittance sector poses the highest risk of being exploited for terrorism financing, followed by the banking sector.

UOB priced its perpetual, non-call five-year AT1 securities with a reset coupon rate that references the SORA-OIS rate.