Singapore

Trading & Investment

PSE Proposes Alternative Listing Option for Businesses

By Sanday Chongo Kabange | 17/03/2021

The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.

Market Data & Technology

SGX, Marex Spectron Join Forces on Ferrous Analytics Tools

By Editors | 17/03/2021

Marex Spectron will apply its analytics tools on publicly available data for SGX commodity derivatives to provide Titan OTC participants with in-depth analysis and richer datasets

Structural Regulation

MAS Proposes Exemption Framework for Foreign Offices of FIs

By Editors | 15/03/2021

MAS is proposing to introduce an exemption framework for foreign head offices or branches that is similar to the proposed notified FRC framework issued in June 2020.

Market Abuse

Singapore Court Jails, Fines Ex-Director for False Trading

By Editors | 15/03/2021

The former director of investment and corporate advisory firm WLA Regnum was jailed and fined for false trading and deceiving UOB Kay Hian.

Reporting & Disclosures

GFIT Taxonomy Should Recognise Efforts to Become Greener

By Manesh Samtani | 14/03/2021

The Japanese Bankers Association says the taxonomy should support not only ‘pure green’ activities and technologies, but also efforts to ‘become green/greener’.

Fraud, Scams & Cybercrime

Singapore Police Arrest Man Over China Official Impersonation Scam

By Editors | 11/03/2021

The man received over S$209,000 from a woman who was told she was under investigation and needed to resolve the case.

Sustainable Finance

MAS to Place $2bn With Green Asset Managers ‘Soon’

By Manesh Samtani | 09/03/2021

Ravi Menon said MAS has identified the asset managers who will participate in the Green Investments Programme announced in November 2019.

Climate Risk

PwC Offers ESG Risk Management Recommendations for Banks

By Manesh Samtani | 09/03/2021

Banks need to adopt training and change management programmes to ensure employees embrace ESG risk management as a requirement and discipline.

Structural Regulation

Indonesia Stock Exchange Considers Allowing SPAC Listings

By Editors | 08/03/2021

IDX’s decision has reportedly prompted concerns about governance, investor protection and inflated valuations for early-stage companies.