Singapore

Sustainable Finance

Singapore Launches Largest Ever Equity ETF to Drive Climate Action

By Editors | 14/09/2023

The SGX-listed fund is managed by BlackRock and anchored by Prudential, with additional backing from investors that include Temasek and Singlife.

KYC & CDD

Singapore Announces New Initiatives to Support Family Offices

By Editors | 14/09/2023

The initiatives will help new family offices orientate themselves in Singapore and strengthen their financial crime compliance capabilities.

DeFi & Web3

Understanding AI in Blockchain Key to Smart Contracts Growth 

By Jill Wong | 13/09/2023

The interaction of AI and blockchain technology means the sophistication of smart contracts is breaking new ground.

Reporting & Disclosures

ASEAN Exchanges Agree on New Set of ESG Metrics

By Editors | 13/09/2023

Previously, Environment (E) and Social (S) metrics were developed. The exchanges have now agreed on complementary Governance (G) metrics.

Fraud, Scams & Cybercrime

Singapore’s PayNow to End ‘Nickname’ Feature Next Year

By Sanday Chongo Kabange | 12/09/2023

The removal of the nickname option from PayNow has been prompted by growing cases of scams and a need to bolster online security.

Trading & Investment

Singapore Exchange Reorganises Capital Markets Business Units

By Editors | 12/09/2023

The debt capital market and corporate client coverage units have been folded into SGX’s equity capital markets division.

Clearing & Post-Trade

MAS to Exempt Some Market Operators from ACH/RCH Rules

By Editors | 10/09/2023

The exemption applies to platforms that provide services to facilitate trading and settlement, but don’t actually act as a central counterparty of clear or settle trades centrally.

Reporting & Disclosures

SGX RegCo Seeks to Align Listing Rules with ISSB Standards

By Jill Wong | 07/09/2023

SGX Regco is seeking to align listing rules with ISSB Standards by year-end in order to guide companies on how to explain the impact of climate change on their business.

Clearing & Post-Trade

SGX Gains Connectivity to FIA Tech’s Trade Data Network 

By Editors | 07/09/2023

The new connectivity will give SGX members greater transparency into their trade give up/ take in process.