Singapore

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.

Reporting & Disclosures

SGX RegCo Proposes to Phase in Mandatory Climate Reporting

By Manesh Samtani | 26/08/2021

SGX also proposes an assurance requirement for sustainability reports and the introduction of a new ESG data portal for issuers and investors.

Fraud, Scams & Cybercrime

Singapore Police Charges Ex-UOB Banker Over Data Disclosure

By Editors | 25/08/2021

The ex-UOB employee accessed customer data from banking systems and disclosed the information to a scammer purporting to represent the Shanghai Police.

Sustainable Finance

Singapore, US Agree to Cooperate on Cyber, Climate Risk

By Editors | 24/08/2021

The climate partnership focuses on stronger collaboration on sustainable finance, standard setting, climate risk disclosures, and carbon markets.