Singapore

Anti-Bribery & Corruption

Sustainable Supply Chains and the Role Banks Play

By Editors | 14/07/2020

Incoming rules from the EU, UK, Singapore and Hong Kong highlight the need for banks to gain a better understanding of the third party and supply chain risks their customers face.

Trading & Investment

OCBC Launches First SORA-based Home Loan Package

By Editors | 13/07/2020

The 90-Day SORA home loan package is available to buyers of completed private properties with a minimum loan size of S$1mn.

Payments & Settlements

MAS, Temasek, JPM Complete Final Phase of Project Ubin

By Editors | 13/07/2020

The prototype that was built can integrate with other blockchain-based platforms and be used for cheaper, faster and safer cross-border payments and to settle foreign exchange transactions.

Structural Regulation

Singapore Regulator Raises Concerns Over LSEG-Refinitiv Deal

By Editors | 06/07/2020

Singapore’s competition regulator has concerns about whether Refinitiv’s widely used WM/Reuters FX benchmarks would be offered to rival providers at fair and reasonable terms.

Reporting & Disclosures

What SGX RegCo Expects of Sustainability Reporting During Covid-19

By Boon Gin Tan | 05/07/2020

SGX RegCo’s Boon Gin Tan and Michael Tang discuss the social aspects that issuers should consider describing in their sustainability reports in the context of COVID-19.

Anti-Money Laundering

Singapore Authorities Probe Two Companies with Wirecard Links

By Editors | 04/07/2020

Citadelle Corporate Services is said to have handled Wirecard monies without a trust business licence. Senjo Group is said to have falsified accounts.

Credit Risk

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.

Trading & Investment

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.

Sustainable Finance

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.