Singapore

Tokenisation

Chinese Investors to Gain Access to Digital Securities via ADDX

By Editors | 03/09/2021

Through the QDLP scheme, MAS-regulated ADDX will offer Chinese investors access to digital securities covering a broad range of asset types.

Conduct, Culture & Accountability

MAS Bans Ex-UOBKH Employees for Making False Statements

By Ranamita Chakraborty | 03/09/2021

The individuals provided false information to MAS when it was checking whether background checks were included in due diligence for the IPO of a Catalist listed company.

Structural Regulation

SGX Finalises Framework for SPAC Listings in Singapore

By Manesh Samtani | 03/09/2021

The finalised framework lowers the minimum market cap required of a SPAC listing to S$150mn from S$300mn proposed in SGX’s March consultation.

Fraud, Scams & Cybercrime

Singapore Court Charges UK Man in Wirecard Probe

By Ranamita Chakraborty | 02/09/2021

The man faces charges for abetting the falsification of a document that represented Wirecard’s missing money was being held in escrow.

Trading & Investment

ICE Futures Singapore to Launch Micro US, Europe Index Futures

By Editors | 01/09/2021

The Micro MSCI USA and Micro MSCI Europe Index futures contracts will begin trading on ICE Futures Singapore from 11 October 2021.

Sustainable Finance

LSEG Launches Sustainable Finance Innovation Unit in Singapore

By Editors | 01/09/2021

The new unit is supported by MAS and will focus on creating sustainable finance capabilities across Singapore’s fintech ecosystem.

Payments & Settlements

MAS Grants New Payment Services Licences to FOMO Pay

By Manesh Samtani | 01/09/2021

MAS has granted three new licenses to FOMO Pay, including a DPT services licence. More new licences are expected to be announced shortly.

Data Privacy

ABS Offers Standardised Approach to Bank Data Sharing

By Manesh Samtani | 30/08/2021

A new Data Sharing Handbook provides a framework for banks and non-bank ecosystem partners to share data in a safe, secure and responsible manner.

CBDCs

MAS Announces Finalists for Global CBDC Challenge

By Editors | 30/08/2021

The finalists include ANZ, Citibank, Consensys, HSBC, IBM, Soramitsu, Standard Chartered, among others. They will progress to an eight-week Acceleration Phase to further develop and refine their solutions.