Singapore

SET's move to invest in ADDX reflects a trend towards a "new capital market landscape that emphasises continuity between the public and private markets".

MAS and SIF will work towards enabling data flows (including personal information) within financial groups, supported by free choice of location for data storage and processing.

Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.

The injunction is said to be the world's first court-ordered freeze on the potential sale and ownership transfer of an NFT.

Two insurance agents of Prudential Assurance Company Singapore provided false information to MAS in relation to an investigation it was pursuing.

MAS managing director Ravi Menon addressed concerns that a revised scoring system for employment pass applicants could impede hiring by Singapore FIs.

DBS' Chee Kin Lam and HSBC's Jamil Ahmed discuss COSMIC’s development and how the platform will work to help combat financial crime.

Banks should not increase credit limits if the total outstanding unsecured credit would exceed 6 times the borrower's monthly income.

Declining liquidity in the SOR-SORA basis swap market is causing difficulties in pricing adjustment spreads used to covert legacy SOR contracts to SORA-based contracts.

NSE IFSC-SGX Connect is expected to go fully live in July 2022, with the onboarding of SGX members.