Singapore

Uncategorised

Singapore Launches Regional Research Institute for Digital Finance

By Editors | 07/12/2020

One of the Asian Institute of Digital Finance’s first projects is to build a data-sharing platform that can train models to improve credit assessments, said Deputy Prime Minister Heng Swee Keat.

ESG / Sustainability

Singapore Launches National Blockchain Innovation Programme

By Editors | 07/12/2020

The initiative is aimed at further strengthening Singapore’s blockchain ecosystem and promoting the adoption of scalable and interoperable blockchain solutions.

Fintech / Regtech

Singapore Launches Digital Infrastructure to Facilitate Financial Planning

By Editors | 07/12/2020

SGFinDex uses SingPass and a centrally managed online consent system to enable individuals to access their financial information held across different government agencies and FIs.

Securities / Derivatives

Singapore Exchange Lists First China Onshore RMB Bonds

By Editors | 06/12/2020

The listing strengthens financial markets connectivity between China and Singapore, and helps to internationalise China’s markets, China Development Bank said.

Fintech / Regtech

MAS Awards Licences to Four Digital Bank Applicants

By Manesh Samtani | 06/12/2020

The licences were awarded to the Grab-Singtel consortium, a Sea Limited subsidiary, an Ant Group entity, and a consortium formed by a Chinese property giant.

Market Infrastructure

Macquarie to Set Up Electronic FX Trading Infrastructure in Singapore

By Editors | 04/12/2020

Macquarie’s FX pricing hub will strengthen Singapore’s proposition as a global FX price discovery and liquidity centre, said MAS executive director Lim Cheng Khai.

Securities / Derivatives

OCBC Securities, Lion Global to Launch SGX’s First Tech-focused ETF

By Editors | 03/12/2020

The ETF will launch on SGX on 10 December, tracking the Hang Seng TECH Index, which comprises Hong Kong’s 30 largest listed technology companies.

Securities / Derivatives

UOB to Set Up Electronic FX Trading Infrastructure in Singapore

By Editors | 03/12/2020

The electronic FX pricing and trading engine will help UOB achieve reduced latency, and aligns with MAS objectives to develop Singapore into a regional FX trading centre.

Big Picture

MAS Urges Underwriting Prudence as Credit Risks Rise

By Manesh Samtani | 03/12/2020

Banks should maintain prudent credit underwriting standards and continue to actively manage foreign currency risks, MAS says in its financial stability review.