Singapore

    Reporting & Disclosures

    New TSE Chief Eyes ESG Focus In Reorganisation Plan

    By Sanday Chongo Kabange | 12/04/2021

    Chief executive Hiromi Yamaji says the TSE will urge companies to step up efforts on ESG issues based on their market classification.

    Anti-Money Laundering

    Singapore Court Charges Five Over Shell Company Activity

    By Ranamita Chakraborty | 12/04/2021

    Between 2016 and 2019, eight police reports were filed by victims who were deceived into wiring around $1.7mn into the bank accounts of Singapore-registered shell companies.

    Trading & Investment

    SGX, NZX Sign Partnership on Dairy Derivatives

    By Editors | 10/04/2021

    NZX intends to delist its suite of dairy derivatives contracts from the NZX Derivatives Market and relist equivalent contracts on SGX.

    Trading & Investment

    SORA Property Loans Provide Interest Rate Stability: UOB

    By Editors | 07/04/2021

    Borrowers say the certainty, transparency and stability are key factors affecting their willingness to choose SORA-based loan products.

    Structural Regulation

    FCA to Consult on Stronger Protections for SPAC Investors

    By Editors | 06/04/2021

    The consultation will consider enhanced disclosure requirements, a minimum market cap and a redemption option for investors.

    Structural Regulation

    SGX Opens Consultation on SPACs Listing Framework

    By Manesh Samtani | 02/04/2021

    At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC’s acquisition of a target company.

    Structural Regulation

    Singapore Announces End-date for SOR Derivatives

    By Manesh Samtani | 01/04/2021

    Banks are asked to cease issuance of SOR derivatives and SIBOR-linked financial products by end-September 2021.

    Fraud, Scams & Cybercrime

    SG Police Investigate Over 300 Individuals in Cases of Scams

    By Editors | 31/03/2021

    The suspects are being investigated for the offences of cheating, money laundering or providing payment services without a licence.

    Fraud, Scams & Cybercrime

    SG Police to Lay 23 More Charges Against Hin Leong Founder

    By Editors | 29/03/2021

    The new charges could not be tendered against Lim Oon Kuin on Monday because the 78-year-old said he was unwell.

    Structural Regulation

    HK to Consult on SPAC Listing Framework in June – Report

    By Editors | 29/03/2021

    The rules are expected to include conditions for sponsors or SPACs. Acquisition targets will have to meet the existing standards for IPOs.

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