Singapore

Data Privacy

UK-Singapore Digital Economy Agreement Enters Into Force

By Darien Choong | 15/06/2022

The agreement promotes cooperation on cross-border data flows, fintech, cybersecurity, and mutual recognition of digital identity systems.

Cloud & Infrastructure

Japan, Singapore to Explore Mutual Recognition of Digital Identity

By Editors | 14/06/2022

Mutual recognition of digital identity credentials is part of an agreement to cooperate on the digital transformation of government services.

Cryptocurrency

ADDX to Recognise Crypto Assets for Investor Onboarding

By Sanday Chongo Kabange | 14/06/2022

ADDX will begin recognising bitcoin and ether using a 50 percent haircut and stablecoin USDC using a 10 percent haircut.

Market Abuse

Singapore Court Jails Listed Company CFO for Insider Trading

By Editors | 13/06/2022

The former CFO of Broadway Industrial Group communicated information to two friends about the sale of two of the company’s businesses 2016.

Fraud, Scams & Cybercrime

Singapore Police Arrest Eight Involved in SMS Phishing Scams

By Editors | 10/06/2022

The scammers were arrested after more than SGD 60,000 was lost in SMS phishing scams targeting DBS customers.

Sustainable Finance

Singapore Prepares to Issue First Sovereign Green Bonds

By Darien Choong | 10/06/2022

Singapore authorities have published a framework setting out how the government will issue and manage sovereign green bond issuances.

Sustainable Finance

Temasek Launches New Climate Impact Investment Platform

By Editors | 08/06/2022

Temasek has committed an initial SGD 5 billion which will be invested in technology- and nature-based solutions as well as carbon ecosystem enablers.

Sustainable Finance

GFANZ Launches APAC Network to Accelerate Move to Net Zero

By Editors | 08/06/2022

GFANZ has opened a new regional headquarters in Singapore, with support from SGX, Temasek and MAS.

Operational Risk

MAS Finalises Revisions to BCM Guidelines for FIs

By Manesh Samtani | 07/06/2022

FIs have until 6 June 2023 to meet the requirements of the revised guidelines, and until 6 June 2024 to conduct their first BCM audit.