Singapore

Sustainable Finance

SGX, UK Partner to Fund New SDG-Aligned Issuers

By Editors | 03/04/2022

SGX and MOBILIST will partner to support new issuers of securities aligned with the SDGs by deploying equity capital and other forms of assistance.

AI Risk & Governance

BIS, MAS Launch Prototype Supervisory Analytics Platform

By Manesh Samtani | 31/03/2022

Project Ellipse can provide regulators with early warning indicators, analytics and prudential metrics to assist them in risk detection and banking supervision.

Fraud, Scams & Cybercrime

Singapore Police, Banks Step Up Scam Intervention Efforts

By Editors | 31/03/2022

In a four-day operation last week, the police and five banks intervened in 150 scam cases, which resulted in the arrests of 35 individuals.

Structural Regulation

MAS Publishes New Compliance Toolkit for CMS Licensees

By Editors | 31/03/2022

The toolkit is applicable to CMS licensees that deal in capital markets products, advise on corporate finance, or provide product financing, custodial services or credit rating services.

Capital Adequacy

MAS Proposes Revisions to Bank Capital Disclosure Requirements

By Editors | 31/03/2022

The changes reflect the final Basel III reforms and will improve the consistency and comparability of disclosures across Singapore incorporated banks.

Anti-Money Laundering

Singapore Jails Nominee Director for Facilitating Illicit Activities

By Editors | 29/03/2022

The director of corporate service provider 3E Accounting served as local resident director of four companies whose bank accounts were used to receive criminal proceeds.

Sustainable Finance

Climate Impact X, Carbonplace Partner on Carbon Credit Trading

By Editors | 28/03/2022

The pilot will establish a framework for executing carbon credit transactions via Climate Impact X’s marketplace, with Carbonplace performing all settlements.

Structural Regulation

Singapore Working Group to Develop BNPL Framework

By Editors | 24/03/2022

The Singapore FinTech Association has formed a working group under MAS guidance to develop a BNPL framework for launch later this year.

Conduct, Culture & Accountability

Singapore’s Insurers Gets New Culture and Conduct Guidance

By Ranamita Chakraborty | 23/03/2022

Two new papers have been published to help Singapore’s insurance industry in elevating their culture and conduct standards.