Singapore

ESG / Sustainability

SGX Leverages Nikkei Partnership to Launch ESG REIT Derivatives

By Editors | 14/06/2021

The new futures contract aims to meet rising demand for integrating ESG considerations into investment portfolios, SGX said.

AML / KYC

UOB Pilots Digital Signing Capability via SingPass

By Editors | 14/06/2021

UOB is testing the use of GovTech’s ‘Sign with Singpass’ to allow a set of retail and corporate customers to confirm transactions and product applications.

Market Infrastructure

SGX Invites Feedback on Rule Amendments for ‘GIFT Connect’

By Ranamita Chakraborty | 11/06/2021

The proposed amendments seek to clarify the obligations of SGX-DT trading members when accessing GIFT Connect to trade Nifty derivatives.

Big Picture

MAS Sets Out Climate Strategy in Inaugural Sustainability Report

By Manesh Samtani | 09/06/2021

Five asset managers have been appointed to manage S$1.8bn of Singapore’s official foreign reserves under new mandates focused on climate change and the environment.

Market Infrastructure

Culture & Conduct Risk: Singapore Sets the Pace for Peers

By Stephen Scott | 08/06/2021

Among global peers, Singapore is setting the pace for effective governance of culture and conduct risks, say Starling’s Stephen Scott and Mark Cooke.

Enforcement

MAS Bans Former Representative Over Forgery Conviction

By Editors | 04/06/2021

The former representative deceived online platform OANDA into crediting money into his personal trading account through forged screenshots of a bank transfer.

Crypto / Digital Assets

MAS Issues Guidance on Managing Risks of Cloud Services

By Editors | 04/06/2021

In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.

Market Infrastructure

Singapore Seeks to Enhance VCC Fund Structure

By Manesh Samtani | 04/06/2021

The enhancements will expand the types of investors that can use the VCC and ease conversion and redomiciliation processes.

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.