Singapore

Reporting & Disclosures

IMAS Launches ESG E-Learning Module for Asset Managers

By Editors | 27/04/2021

The module covers the EnRM Guidelines issued by MAS in December, supplemented with case studies to facilitate application by the industry.

Tokenisation

DBS Goes Live on Trade Finance Network Contour

By Editors | 27/04/2021

Digital LC capabilities will be offered in Australia, China, Hong Kong and Singapore via Contour from this month.

Cloud & Infrastructure

MAS Calls on Governments to Advance Digital Infrastructure

By Sanday Chongo Kabange | 27/04/2021

MAS will seek to build a consortium of countries to explore the potential of digital infrastructure for cross-border use.

Reporting & Disclosures

Environmental Disclosure a Focal Point for Singapore FIs: Study

By Editors | 26/04/2021

Financial institutions in Singapore place significant importance on ESG performance, with a heavy focus on climate considerations.

Fraud, Scams & Cybercrime

SG Police Lay More Charges in Nickel Trading Fraud Case

By Editors | 26/04/2021

Ng Yu Zhi allegedly cheated five individuals into paying around S$8.8mn for nonexistent forward contracts purported to be for the sale of nickel to a metals trader.

Trading & Investment

SGX Launches New FFA, Futures For Managing Freight Risk

By Editors | 21/04/2021

The new contracts offer participants more precise hedging tools as a recovery drives demand for iron ore and minor bulks, SGX said.

Climate Risk

StanChart Commits to Cutting Emissions in Shipping Portfolio

By Manesh Samtani | 21/04/2021

Standard Chartered has joined 25 other signatories to the Poseidon Principles, a global framework that targets carbon emission cuts in the shipping industry.

Trading & Investment

Deutsche to Move Pricing Engine for EM Currencies to Singapore

By Ranamita Chakraborty | 20/04/2021

The move is in part aimed at increasing algorithm capacity for trading Chinese yuan, the most heavily traded emerging market currency.

Fraud, Scams & Cybercrime

SG Police Probe 31 Individuals for China Official Impersonation Scams

By Ranamita Chakraborty | 19/04/2021

Victims were instructed to surrender money for fake investigations after being told their bank accounts were involved in money laundering activities.