Singapore

Market Infrastructure

MAS Issues Guidance for Feeder ETFs Participating in Shenzhen Link

By Editors | 04/10/2022

Through the SZSE-SGX ETF Link, a Singapore-constituted feeder ETF can invest up to 100 percent of its NAV into an SZSE-listed master ETF.

Singapore Tightens Mortgage Rules to Ensure Prudent Borrowing

By Editors | 03/10/2022

Lenders will have to assume higher interest rates when assessing borrowers’ repayment ability. The LTV limit for HDB housing loans has been lowered.

Enforcement

Enhanced Penalties for Data Breaches Take Effect in Singapore

By Editors | 02/10/2022

Organisations with annual turnover exceeding S$10mn are liable for penalties for data breaches worth up to 10% of annual turnover.

ESG / Sustainability

Singapore Exchange Launches Battery Metal Futures

By Editors | 02/10/2022

Contracts were launched in battery-grade lithium carbonate; lithium hydroxide; cobalt metal; and cobalt hydroxide.

ESG / Sustainability

SGX Lists First Low Carbon Index ETF Dedicated to APAC

By Editors | 29/09/2022

The ETF reflects the performance of nearly 200 large and mid-cap companies with low carbon characteristics in 11 markets in Asia Pacific.

Crypto / Digital Assets

DBS Rolls Out Crypto Services to 100,000 More Investors

By Editors | 28/09/2022

Accredited wealth clients are able to trade four cryptocurrencies on DDEx – Bitcoin, Bitcoin Cash, Ethereum, and XRP.

Fintech / Regtech

MAS, IMDA Propose Measures to Make SGQR More Interoperable

By Manesh Samtani | 28/09/2022

Merchant acquirers will have to remove all proprietary static QR code payment labels. A new fee model will be introduced for SGQR members.

Crypto / Digital Assets

SBI Obtains Singapore Licence to Offer Digital Asset Services

By Editors | 22/09/2022

SBI Digital Markets will advise on corporate finance, deal in capital markets products, and provide custodial services.

Securities / Derivatives

SGX Launches New FX Trading Venue for OTC Trades

By Editors | 21/09/2022

CurrencyNode is an FX trading venue that connects global participants anonymously to unique and deep OTC FX liquidity pools.