Singapore

Climate Risk

MAS Finalises Environmental Risk Management Guidelines for Banks

By Manesh Samtani | 08/12/2020

MAS has extended the transition period from 12 months to 18 months, and says it will start engaging key banks on their implementation progress from Q2 2021.

Payments & Settlements

Singapore, Thailand to Enable Instant Payments Link by Mid 2021

By Manesh Samtani | 08/12/2020

Described as “the first-of-its-kind in the world”, the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.

AI Risk & Governance

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.

Custody & Infrastructure

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.

Cloud & Infrastructure

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.

Trading & Investment

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.

Structural Regulation

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.

Trading & Investment

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.

Trading & Investment

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.