Singapore

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.

Fintech / Regtech

SFA Forms ‘Club’ to Drive Fintech Community Development

By Ranamita Chakraborty | 24/06/2021

SG FinTech Club will enable fintech professionals to make deeper connections with industry peers, upskill and access growth opportunities.

Fintech / Regtech

DBS Launches Automated Digital Bond Issuance Platform

By Editors | 23/06/2021

FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.

Financial Advice Standards Have Improved, MAS Finds

By Manesh Samtani | 22/06/2021

Financial advisers have enhanced their standards and raised the quality of advice provided to customers, MAS found in a mystery shopping exercise.

Securities / Derivatives

DBS Becomes First Asian Bank to Obtain LME Membership

By Editors | 22/06/2021

DBS says its LME membership will help clients price and hedge metals trades effectively, and facilitate physical delivery.

Market Infrastructure

MAS to Migrate MEPS+ to ISO 20022 in June 2022

By Manesh Samtani | 21/06/2021

MAS is adopting a two-phased approach to migrate to ISO 20022, beginning with payments on MEPS+ in June 2022.

Fintech / Regtech

AFIN, R3 Partner to Launch CBDC Sandbox on APIX Platform

By Editors | 16/06/2021

MAS’ Sopnendu Mohanty says the collaboration will enable the global fintech ecosystem to better understand financial innovations around digital currencies.

Market Infrastructure

Banking on API Management to Succeed in the Digital World

By David Chan | 16/06/2021

AdNovum’s David Chan discusses the need to safeguard APIs as financial institutions increasingly seek to digitalise their services.