Singapore

Tokenisation

FCA, MAS to Explore Regulatory Considerations for Tokenisation

By Manesh Samtani | 07/11/2024

The FCA and ICMA welcomed reports released by MAS this week offering tokenisation frameworks for funds and fixed income securities.

Reporting & Disclosures

Singapore: Gprnt Launches New Sustainability Reporting Tools

By Nithya Subramanian | 06/11/2024

A new Disclosure tool will simplify sustainability reporting for businesses while a new Marketplace will enable them to connect to an ecosystem of sustainability solutions.

Cybersecurity

MAS, BdF Complete Joint Experiment on Post Quantum Cryptography

By Editors | 06/11/2024

The experiment tested the use of quantum-resistant cryptographic algorithms for email communications. The next phase will focus on payments.

Stablecoins

Paxos Launches New US Dollar Stablecoin via Singapore Unit

By Nithya Subramanian | 05/11/2024

Paxos said the stablecoin, known as USDG, is designed to comply with Singapore’s upcoming stablecoin framework.

Tokenisation

SBI Digital Markets to Push Adoption of Tokenised Securities

By Nithya Subramanian | 05/11/2024

SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.

Tokenisation

UBS Launches First Tokenised Money Market Fund

By Nithya Subramanian | 05/11/2024

The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.

Tokenisation

Citi and Fidelity International Announce PoC of On-chain MMF

By Editors | 04/11/2024

The solution, a tokenised MMF with an embedded digital FX swap, can “enable faster, seamless management of treasury positions, eliminate delays and improve efficiency”.

Tokenisation

MAS Unveils New Initiatives to Promote Tokenisation in Financial Services

By Nithya Subramanian | 04/11/2024

The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

Anti-Money Laundering

MAS Publishes Findings from Recent AML Inspections at FIs

By Manesh Samtani | 03/11/2024

The new information paper addresses customers with multiple nationalities, source of wealth establishment, and post-STR risk mitigation measures, among other areas.