Singapore

Securities / Derivatives

MAS Proposes to Relax Requirements for Singapore REITs

By Editors | 03/07/2019

The consultation paper proposes to allow REITs to take on more leverage if they can demonstrate an ability to service their debt with regular income.

Fintech / Regtech

BIS ‘Innovation Hub’ to Set Up in Hong Kong, Singapore

By Editors | 02/07/2019

The BIS Innovation Hub will foster collaboration between central banks and, by extension, help the private sector fully realise ‘new economy’ opportunities.

Market Infrastructure

Singapore Commences Transition Testing for Enhanced SIBOR

By Editors | 01/07/2019

Transition testing will be conducted initially for six months to determine if a transition to the proposed waterfall methodology is possible or if further refinements are needed.

Market Infrastructure

MAS Clarifies Regulatory Expectations on IAC Guidelines

By Grace Chong | 01/07/2019

Grace Chong at Simmons & Simmons JWS recapitulates the key points from MAS’ feedback to the first consultation on the IAC Guidelines, and charts the course ahead.

Fintech / Regtech

MAS to Issue Up to Five Digital Bank Licences

By Editors | 01/07/2019

The initiative effectively extends digital bank licences to non-bank players, as existing banking groups in Singapore already have a framework for setting up digital bank subsidiaries.

Securities / Derivatives

SGX Enables Portfolio Compression for Listed Derivatives

By Editors | 28/06/2019

SGX, in collaboration with a unit of BGC Partners, has become the first exchange in Asia to launch a portfolio compression service for listed derivatives.

Fintech / Regtech

Singapore Banks Well-Equipped Against Fintech Threat: Moody’s

By Garima Chitkara | 20/06/2019

Singapore’s three largest banks are well placed to ward off threats to their market share by fintech firms, even as friendly regulatory policies encourage greater growth in the sector.

Market Infrastructure

Singapore, UK to Enhance Cooperation on Cyber Security

By Editors | 14/06/2019

Authorities in Singapore and the UK have agreed to enhance cooperation in cyber security, data connectivity, talent development and green finance.

Market Infrastructure

Practical Steps for Compliance with MAS’ IAC Guidelines

By Grace Chong | 14/06/2019

Grace Chong at global law firm Simmons & Simmons analyses the implications of MAS’ Individual Accountability and Conduct Guidelines, and sets out the practical steps to be taken.