Singapore

Securities / Derivatives

MAS Grants BondEvalue Recognised Market Operator Licence

By Editors | 16/10/2020

BondEvalue operates BondbloX Bond Exchange, a blockchain-based exchange that allows for bonds to be traded in USD 1,000 lots.

Securities / Derivatives

SGX, NZX Seek Partnership to Fuel Growth in Dairy Derivatives

By Editors | 14/10/2020

The partnership with SGX will help NZX to unlock and accelerate growth in liquidity and market scale in its dairy derivatives market.

ESG / Sustainability

MAS Announces Launch of Singapore Green Finance Centre

By Editors | 14/10/2020

The SGFC is Singapore’s first research institute dedicated to green finance research and talent development and is support by MAS and nine partner financial institutions.

Fintech / Regtech

Wirecard Service Halt Disrupts Singapore Merchants – Report

By Editors | 13/10/2020

Singapore merchants were caught off guard when Wirecard services stopped functioning this month. Many have been accepting payments via bank transfer, cash or digital platforms.

ESG / Sustainability

MAS Extends Liquidity Facility for FIs to Support SME Lending

By Editors | 12/10/2020

Enterprise Singapore has likewise extended its Temporary Bridging Loan Programme and its trade loan financing scheme, and enhanced its project loan financing scheme.

AML / KYC

UOB Credited for Helping Recover Stolen Funds

By Editors | 08/10/2020

Collaboration with UOB attests to the importance of a strong partnership with community stakeholders to effectively combat scams and transnational fraud, the Police said.

ESG / Sustainability

SGX to Migrate MSCI Taiwan Contracts to FTSE Early

By Manesh Samtani | 07/10/2020

The move is reportedly aimed at avoiding potential operational issues as market uncertainty persists into the end of the year.

ESG / Sustainability

Singapore Banks to Develop Trade Finance Registry to Combat Fraud

By Manesh Samtani | 06/10/2020

DBS and StanChart are leading a project to develop a central registry which will prevent borrowers from using the same collateral to secure loans with multiple banks.

Fintech / Regtech

RegTech Asia 2020: RegTech Lessons from Digital Banks

By Editors | 06/10/2020

What were some of the challenges of rolling out virtual banks in Hong Kong, and what were the biggest factors in technology and regulatory compliance considerations?