Singapore

Market Infrastructure

MAS Outlines 2021 Plans to Continue Transitioning to SORA

By Manesh Samtani | 02/02/2021

SOR will now end 18 months later to reflect the IBA’s plans, but the transition to SORA in cash products and derivatives markets will continue at pace.

Enforcement

Singapore Authorities Probe Crowdfunding Platform for Misconduct

By Editors | 02/02/2021

The probe is looking into possible offences under the Penal Code and the Securities and Futures Act by group companies belonging to CoAssets Ltd.

Crypto / Digital Assets

SGX-Temasek JV to Digitalise Bond Issuance Workflows

By Editors | 31/01/2021

The JV will partner with Covalent Capital to streamline the listing, straight-through processing and settlement of bonds and activities in bond lifecycle management.

ESG / Sustainability

Singapore Taskforce Proposes Taxonomy for Identifying Green Activities

By Editors | 29/01/2021

The taxonomy draws on the theoretical underpinnings of the EU taxonomy and proposes a traffic-light system which sets out how activities are classified.

ESG / Sustainability

SGX Launches ESG Futures as Part of Sustainability Agenda

By Editors | 25/01/2021

The launch is part of the SGX FIRST initiative, a multi-pronged expansion of the exchange’s sustainability capabilities announced in December.

Market Infrastructure

Seven Takeaways from MAS’ Technology Risk Management Guidelines

By Grace Chong | 25/01/2021

The amended guidelines represent a firm step towards further strengthening the defences of Singapore’s financial ecosystem, placing the industry in good stead for the post-Covid economic recovery.

Crypto / Digital Assets

SGX, Temasek Partner on Digital Asset Infrastructure in Capital Markets

By Editors | 23/01/2021

A new JV will use blockchain-based technologies to provide an issuance-to-settlement network for Asia bonds, funds and sustainable finance products.

Market Infrastructure

MAS Raises Expectations on Technology Risk Management

By Editors | 19/01/2021

The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.

Fintech / Regtech

Asia Has an Opportunity to Demonstrate Global RegTech Leadership

By Manesh Samtani | 18/01/2021

Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society’s Hong Kong Center.