Singapore

Trading & Investment

SGX Partners with FTSE Russell to Expand Derivatives Product Line

By Manesh Samtani | 20/08/2020

The product expansion will cater to demand from institutional investors for solutions in multi-asset, ESG, dividend, sector and duration strategies.

Trading & Investment

MAS Becomes First Asian Government Entity to Issue RFR Debt

By Manesh Samtani | 19/08/2020

Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.

Fraud, Scams & Cybercrime

MAS Bans Two Individuals for Fraud and Dishonest Conduct

By Editors | 19/08/2020

Prohibition orders were issued against former representatives of Prudential Assurance Company Singapore and Bank of Singapore in two unrelated cases.

Anti-Money Laundering

Risk and Reward: AI Enables Active Financial Crime Risk Assessment

By Daniel Banes | 18/08/2020

Adverse media is openly available, continually updated, and provides a wealth of information, but it remains underused in financial crime risk assessments, writes Daniel Banes.

Anti-Money Laundering

Singapore Crypto Association Publishes Industry Code of Practice

By Editors | 17/08/2020

The code is accompanied by a practice guide providing regulatory guidance to facilitate payment services licence applications in Singapore.

Fraud, Scams & Cybercrime

Singapore Police Lay First Charge Against Hin Leong Founder

By Editors | 16/08/2020

While investigations into other offences are ongoing, the charge of abetment of forgery for the purpose of cheating carries a punishment of up to ten years’ imprisonment and a fine.

Sustainable Finance

Singapore Fund Managers Expect Covid to Accelerate ESG Investing

By Manesh Samtani | 13/08/2020

A new survey by IMAS found that two-thirds of Singapore fund managers expect the adoption of ESG investing to accelerate as a result of the Covid-19 pandemic.

Tokenisation

Singapore Premiers Blockchain-based Bond Exchange, BBX

By Sanday Chongo Kabange | 13/08/2020

BondbloX Bond Exchange uses a permissioned blockchain to enable electronic trading of bonds in $1,000 denominations, with instant settlement and greater price transparency.

AI Risk & Governance

MAS Pledges SG$250m to Boost Financial Sector Innovation

By Editors | 13/08/2020

Maximum funding under the POC Grant and AIDA Grant will be increased. Support for large-scale innovation projects and staff training will also increase.