Singapore

    Enforcement

    Singapore Police, MAS Launch Probe into Unlicensed Trading Platform

    By Editors | 05/01/2022

    Three arrests have been made amid suspicions that “irregular trading activities have been carried out on the platform”.

    ESG / Sustainability

    The Golden Thread Running Through Sustainability

    By Michael Tang | 05/01/2022

    Michael Tang discusses SGX’s progressive approach to sustainability reporting, and the need for boards to consider what is best suited for the business, its operations and stakeholders.

    AML / KYC

    SG Police Warns of Phishing Scams Impacting OCBC Customers

    By Editors | 02/01/2022

    At least 469 victims have fallen prey to phishing SMS scams during December 2021, with losses amounting to at least SGD 8.5 million.

    Securities / Derivatives

    SGX Grants In-principle Approval for Two SPAC Listings

    By Editors | 30/12/2021

    Temasek-backed Vertex Venture Holdings and Tikehau Capital have received eligibility-to-list letters from SGX following their SPAC listing applications.

    Market Infrastructure

    MAS Unveils Initiatives to Open Access to China ETFs, Bonds

    By Editors | 29/12/2021

    SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

    Securities / Derivatives

    The Rise of the SPAC Wave on Singapore’s Shores

    By Johnny Lim | 28/12/2021

    Johnny Lim and Michael Kwan consider SPAC developments around the world and set out considerations for those searching for the preferred listing destination.

    Market Infrastructure

    Singapore, Shanghai Bolster Collaboration in Finance, Innovation

    By Darien Choong | 22/12/2021

    A public private sector workgroup was established by MAS and the Shanghai Municipal Financial Regulatory Bureau to deepen bilateral financial cooperation and connectivity.

    AML / KYC

    Hong Kong, Singapore Authorities Arrest 10 in Joint Operation

    By Manesh Samtani | 16/12/2021

    Six senior executives of Hong Kong listed companies were among those arrested, for operating a cross-border pump-and-dump manipulation scheme.

    Singapore Announces Measures to Cool Property Market

    By Editors | 16/12/2021

    Measures to tighten financing conditions for both public and private housing will encourage greater financial prudence, the Ministry of Finance said.

    Crypto / Digital Assets

    Binance Withdraws DPT Licence Application in Singapore

    By Mark Johnston | 15/12/2021

    Binance’s recent investment in Hg Exchange rendered its licensing application “somewhat redundant”, CEO Changpeng Zhao said.

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