Markets & Infrastructure

Trading & Investment

SGX Launches First Ammonia Derivatives Contracts

By Editors | 03/10/2023

SGX launched its first ammonia swap and futures contracts covering FOB Middle East and CFR East Asia pricing points.

Payments & Settlements

MAS Querying DBS Regarding Disruption of Payment Services

By Mark Johnston | 03/10/2023

MAS is following up with DBS to identify the root cause of a disruption to the bank’s FAST and PayNow services last week.

Cryptocurrency

Coinbase, Sygnum, GSR Win New Approvals in Singapore

By Manesh Samtani | 03/10/2023

Coinbase and Sygnum Singapore obtained full Major Payment Institution licences. GSR Markets Pte Ltd received in-principle approval.

Payments & Settlements

Malaysia to End Fee Waiver on QR Payments to Merchants

By Editors | 02/10/2023

Public Bank, Maybank, CIMB, and TNG Digital said they will not impose the merchant transaction fee for the time being.

Conduct, Culture & Accountability

Corporate Best Practices Converging in Ethics & Compliance Programs

By Jill Wong | 02/10/2023

LRN’s new report found ethics, values and culture to be significant attributes of ethics and compliance programs globally.

PEPs & Sanctions

Singapore Court Rules Against JPMorgan in Trade Sanctions Lawsuit

By Manesh Samtani | 02/10/2023

The Court of Appeal ruled that JPMorgan’s use of a sanctions clause to withhold payment on letters of credit was not contractually justified.

Payments & Settlements

RBA Publishes Conclusions on Measures to Enhance Debit Card Market

By Editors | 02/10/2023

The RBA will not prohibit banks from setting a default routing network on dual-network cards, but said it expects faster progress on enabling least-cost routing.

Conduct, Culture & Accountability

PwC Publishes Review of Tax Leak Scandal, Plans for Change

By Manesh Samtani | 01/10/2023

PwC Australia CEO Kevin Burrowes pledged to adopt all 23 recommendations from an external review of its corporate governance failures.

Clearing & Post-Trade

ISDA Exploring Development of “Industry Notices Hub”

By Editors | 30/09/2023

The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.