Singapore

    Securities / Derivatives

    MAS to Raise Corporate Finance Due Diligence Standards

    By Editors | 15/12/2021

    The new rules will require corporate finance advisers to establish a governance framework for due diligence which includes ensuring the veracity of information obtained.

    Securities / Derivatives

    SGX Unveils Roadmap for Mandatory TCFD-aligned Disclosures

    By Manesh Samtani | 15/12/2021

    Mandatory climate reporting will be required by listed FIs from financial year 2023. Board diversity policies have to be disclosed in annual reports.

    Capital / Liquidity

    MAS Urges Continued Prudence as Covid Uncertainties Linger

    By Editors | 06/12/2021

    The potential for further credit quality deterioration remains, especially if downside risks from the pandemic materialise and cause prolonged disruptions to economic activity.

    Securities / Derivatives

    SGX Launches First Leveraged and Inverse ETPs

    By Editors | 01/12/2021

    The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX’s Michael Syn.

    Fintech / Regtech

    MAS Grants Fourth Digital Payment Token Licence

    By Editors | 30/11/2021

    Crypto payments firm TripleA is the fourth company to receive a DPT licence in Singapore after FOMO Pay, DBS Vickers and Independent Reserve.

    MAS, IBF Offer Support to Enhance Family Office Skillsets

    By Editors | 29/11/2021

    New skills maps have been launched as a resource for training providers and FIs to design family office-related training.

    Securities / Derivatives

    SGX Goes Live with NZX Dairy Derivatives Contracts

    By Editors | 29/11/2021

    The partnership with SGX will bring “unprecedented access” to the dairy derivatives markets, says NZX chief Mark Peterson.

    Fintech / Regtech

    Singapore Strengthens Financial Connectivity with Chongqing

    By Mark Johnston | 25/11/2021

    Ten MOUs were signed between Singapore and Chongqing banks and industry bodies at the 4th China-Singapore (Chongqing) Connectivity Financial Summit.

    Securities / Derivatives

    MAS Proposes Amendments to the Business Trusts Act

    By Editors | 25/11/2021

    Business trusts will have to obtain and maintain information on beneficial ownership and disclose their CEOs’ interests in transactions.

    Enforcement

    MAS Considers ‘Appropriate Supervisory Actions’ After DBS Outage

    By Mark Johnston | 24/11/2021

    MAS considering “appropriate supervisory actions” following two days of digital services disruption at DBS Bank.

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