Singapore

ESG / Sustainability

UK, Singapore Commit to Deepening Regulatory Cooperation

By Editors | 01/07/2021

Officials agree to explore cross-border financial regulation, carbon market trading linkages, and collaboration opportunities via their BIS Innovation Hub centres.

MAS Proposes New Safeguards for Vulnerable Customers

By Editors | 30/06/2021

MAS proposes additional safeguards for clients receiving financial advice if they are elderly, not proficient in English, or have lower academic qualifications.

Securities / Derivatives

Singapore to Continue Electronic Dissemination of Offer Documents

By Editors | 29/06/2021

The extension of the temporary measure will allow rights issues and take-over or merger transactions to proceed within prevailing safe management measures.

Fintech / Regtech

MAS Launches Global Challenge for Retail CBDC Solutions

By Editors | 29/06/2021

Fintechs, financial institutions and solution providers from around the world are invited to submit innovative solutions that can address 12 problem statements.

Enforcement

105 More Charges Laid Against Hin Leong Founder

By Editors | 27/06/2021

Lim Oon Kuin now faces a total of 130 charges, including 68 for cheating, 47 for abetment of forgery, and 14 for abetment for forgery for the purpose of cheating.

Market Infrastructure

MAS Extends Financial Sector Training Support Measures

By Editors | 27/06/2021

The extensions will help Singaporeans continue to acquire in-demand skills and encourage FIs and fintechs to retain and upgrade staff capabilities.

Fintech / Regtech

MAS Authorises Sandbox Graduate HGX as Market Operator

By Ranamita Chakraborty | 25/06/2021

The HGX member-driven private securities exchange formed out of an alliance between Fundnel, PhillipCapital, PrimePartners and Zilliqa.

Enforcement

SGX RegCo Set to Expand Enforcement Powers

By Manesh Samtani | 25/06/2021

From 1 August, SGX RegCo will be able to issue public reprimands, require issuers to comply with specified conditions, and demand director resignations.

ESG / Sustainability

MAS Announces ‘Final’ Extension of Credit Relief Measures

By Editors | 24/06/2021

MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.