Singapore

Sustainable Finance

Experts Believe ESG Must Revert to Economic Model

By Ranamita Chakraborty | 16/11/2023

The ESG landscape needs orchestration and alignment with economic initiatives, discussed panellists at the Singapore FinTech Festival.

Tokenisation

MAS Launches New Tokenisation Initiatives Under Project Guardian

By Editors | 16/11/2023

Five new industry pilots have been initiated. A new funds workstream and new digital infrastructure initiatives being launched.

KYC & CDD

Cash, Digital Wallets and Financial Services for “The Next Billion”

By Jill Wong | 15/11/2023

Sophistication is key but basic solutions are also needed before “the next billion” of digital banking customers can enter the gates.

Tokenisation

UBS, SBI, DBS Use Digital Bond in Cross-border Repo Trade

By Manesh Samtani | 15/11/2023

The transaction involved a repo to borrow tokenised JPY against a natively-issued JPY digital bond. The tokenised JPY was used to finance the repurchase of the same bond.

CBDCs

IMF Says CBDCs Can Replace Cash; Unveils Handbook

By Nithya Subramanian | 15/11/2023

IMF’s Kristalina Georgieva said that public sector should prepare to deploy CBDCs and prepare platforms that facilitate cross-border payments.

Sustainable Finance

Singapore to Leverage AI for Sustainability-linked Loan Issuance

By Manesh Samtani | 15/11/2023

Singapore’s Project NovA! consortium has developed MVP that uses AI to address the challenges of issuing sustainability-linked loans in the real estate sector.

Tokenisation

SC Ventures, FundBridge to Create First Tokenised SGD Government Bond Fund

By Editors | 15/11/2023

FundBridge Capital will use a new tokenisation platform known as Libeara to create the tokenised Singapore dollar government bond fund.

Data Privacy

UNDP, MAS, GLEIF Launch Global Initiative to Boost MSME Finance

By Editors | 14/11/2023

The initiative proposes to create trusted credentials that characterise an MSME’s financing worthiness based on traditional and alternative data sets.

Cryptocurrency

Singapore Crypto Lender Hodlnaut to Enter Into Liquidation

By Editors | 13/11/2023

Creditors rejected Hodlnaut’s restructuring plan, believing a liquidation would maximise the distribution of the remaining assets.