Singapore

Stablecoins

StraitsX Partners with StanChart on Stablecoin Reserve Management

By Nithya Subramanian | 24/02/2025

StraitsX said its stablecoins are “fully-backed” and issued in compliance with the MAS’ upcoming stablecoin regulatory framework.

Sustainable Finance

GenZero, Mizuho Agree to Collaborate on Transition Credits Projects

By Nithya Subramanian | 24/02/2025

The partnership aims to boost investments in transition credit projects and build awareness of the importance of this asset class.

Fraud, Scams & Cybercrime

DBS Wealth Manager Pleads Guilty on Cheating Charges

By Nithya Subramanian | 21/02/2025

The former bank employee lured clients into making investments and then had them transfer funds into his personal accounts.

AI Risk & Governance

Singapore: Unlocking the Potential of AI in the Fight Against Financial Crime

By Bradley Maclean | 19/02/2025

Brad Maclean discusses Singapore’s AI adoption journey, including the opportunities it has seized, the challenges it faces, and what lies ahead.

Trading & Investment

Budget 2025: Singapore Unveils Measures to Boost Stock Market

By Nithya Subramanian | 19/02/2025

Singapore will also set up a S$1bn private credit growth fund and allocate S$150mn to help companies improve their AI capabilities.

Fraud, Scams & Cybercrime

Singapore Issues Warning on Unauthorised Mobile Wallets Transactions

By Nithya Subramanian | 19/02/2025

Banks will require additional verification such as in-app controls or digital token authentication for provisioning cards onto mobile wallets.

Cryptocurrency

MAS Grants In-principle Digital Assets Licence to Straits Millennium

By Nithya Subramanian | 18/02/2025

Some 30 firms in Singapore have been granted an Major Payment Institution license by MAS for DPT services.

Trading & Investment

MAS Expert Group Proposes Measures to Boost Equities Market

By Nithya Subramanian | 14/02/2025

The Equities Market Review Group has proposed the introduction of tax incentives to attract more Singapore listings and incentivise funds to invest in domestic equities.

Resolution & Recovery

Asian Investors File Claims Over Credit Suisse AT1 Writedown

By Nithya Subramanian | 14/02/2025

Asia-based claimants believe Switzerland breached its investment treaty obligations by fully writing down Credit Suisse’s AT1 bonds.