Singapore

Securities / Derivatives

Singapore Banks Join Forces to Reduce Commodity Lending Risk

By Editors | 02/07/2020

Some 20 banks in Singapore have set up a working group to propose new guidelines to improve lending practices and transparency for the commodity sector.

Securities / Derivatives

SGX to Launch New Taiwan Index Futures Contract

By Editors | 01/07/2020

The launch will help meet the rising demand of US and European investors for access and investment exposure to Taiwan, said SGX Head of Equities Michael Syn.

DBS Unveils Sustainable Finance Framework for Clients

By Editors | 01/07/2020

The framework and taxonomy will help DBS clients transition to more sustainable business models, providing them transition financing to do so.

Market Infrastructure

Philippine SEC Seeks Independent Board at Stock Exchange

By Editors | 01/07/2020

The Philippine Stock Exchange currently has three independent directors on its 15-seat board. Under the proposed rules, a majority of the directors will have to be independent.

Securities / Derivatives

Wave of Fund Managers Looking to Set Up Singapore VCCs

By Editors | 01/07/2020

Up to 70 VCCs have already been launched in Singapore, many by small and boutique funds or local family offices. But a much larger wave of companies is on its way.

Securities / Derivatives

SGX Pushes into FX OTC Market with BidFX Acquisition

By Editors | 30/06/2020

The acquisition will bring together two growing and mutually-reinforcing pools of liquidity, and allow SGX to further expand into the global FX OTC market.

AML / KYC

UPDATED – Wirecard Fraud: A Timeline of Events

By Editors | 30/06/2020

Wirecard has filed for insolvency amid multiple probes. BaFin faces scrutiny for mishandling clear red flags. EY faces lawsuits for failing to catch the improprieties earlier.

Securities / Derivatives

Singapore Banks Ready to Trade SORA Derivatives

By Editors | 29/06/2020

The ABS and SC-STS say “significant progress” has been made in key technical work to support Singapore’s transition from SOR to SORA.

Securities / Derivatives

SGX RegCo Publishes Best Practices Guide For Singapore Lawyers

By Editors | 29/06/2020

The Guide offers clarity to Singapore lawyers on regulatory submissions on behalf of listed companies, establishing a baseline standard for their conduct.