Singapore

ESG / Sustainability

Singapore Launches New Association to Drive Sustainable Finance Collaboration

By Ranamita Chakraborty | 25/01/2024

The Singapore Sustainable Finance Association aims to support the low-carbon transition and sustainable economic growth in the APAC region.

Fintech / Regtech

Singapore Releases Draft Governance Framework on GenAI

By Editors | 22/01/2024

IMDA and the AI Verify Foundation are seeking feedback on a draft Model AI Governance Framework for Generative AI until 15 March.

AML / KYC

Singapore Money Laundering Case Tops S$3bn in Assets

By Editors | 22/01/2024

Warrants of arrest and Interpol Red Notices have also been issued against two more Cambodian nationals for money laundering offences.

Crypto / Digital Assets

Spot Bitcoin ETFs Not Suitable for Singapore Retail Investors: MAS

By Editors | 19/01/2024

Those who choose to trade spot Bitcoin ETFs in overseas markets must exercise extreme caution, MAS said.

AML / KYC

Local Banks to Improve Money-locking Features: ABS

By Nithya Subramanian | 15/01/2024

Banks need to be prepared as scammers will continuously modify their techniques, said ABS Director Ong-Ang Ai Boon.

Securities / Derivatives

Lion Global Investors Unveils Singapore’s First Actively Managed ETF

By Nithya Subramanian | 15/01/2024

The active ETF, launched in collaboration with Nomura Asset Management, employs AI models for dynamic portfolio management.

AML / KYC

Singapore Police Using RPA Tech to Disrupt Scams

By Editors | 12/01/2024

RPA technology has enabled the Police to automate information sharing, information processing, and the mass distribution of SMS alerts.

Crypto / Digital Assets

MAS Grants In-principle Licence Approval to Crypto Custody Firm BitGo

By Editors | 12/01/2024

BitGo already obtained a New York trust charter in 2021 and a BaFin crypto custody licence in November 2023.

Crypto / Digital Assets

New Bill to Give MAS Greater Investigative Powers

By Nithya Subramanian | 11/01/2024

The proposed law broadens the regulator’s power over unregulated businesses and expands its oversight on key appointments and removals.