Singapore

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    Fraud, Scams & Cybercrime

    Singapore Court Sentences Money Mule to 10 Years Jail

    By Nithya Subramanian | 25/04/2024

    Muhammad Zahir Johana allowed his Singpass credentials to be used to open bank accounts that were used to receive scam proceeds.

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    Sustainable Finance

    AVPN Launches Social Investing Platform in Singapore

    By Nithya Subramanian | 25/04/2024

    ImpactCollab launched with MAS support, offering due diligence resources to facilitate impact investing and philanthropic giving.

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    Sustainable Finance

    Asia-first Transition Strategy Scouts Opportunities

    By ESG Investor | 25/04/2024

    Robeco’s Head of Fixed Income argues that the hunt for “perfect” forward-looking emissions data cannot stand in the way of progress.

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    Structural Regulation

    SGX RegCo Proposes Rule Change to Empower Shareholders

    By Nithya Subramanian | 23/04/2024

    Part of a “value focus” approach, the rule change will require issuers to facilitate shareholder requisitioned general meetings.

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    Fraud, Scams & Cybercrime

    MAS Issues 12yr Ban Against Former Manulife Agent

    By Nithya Subramanian | 23/04/2024

    The former agent was convicted last August for deceiving 25 victims to transfer more than S$1.2mn for fictitious investments.

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    Anti-Money Laundering

    Singapore Officials Assure Foreign Banks of Stability – Report

    By Nithya Subramanian | 22/04/2024

    Senior government officials have held briefings with international banks to emphasise Singapore’s safety, reliability and trustworthiness.

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    Sustainable Finance

    Plugging Risk Gaps Key to Scaling Blended Finance: MAS

    By Nithya Subramanian | 22/04/2024

    Blended finance volumes have been flat over the past five years. Hence structuring and right-sizing risks are essential to scaling up, said Gillian Tan.

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    Tokenisation

    SDAX Launches Securitised Gold Tokens in Singapore

    By Nithya Subramanian | 19/04/2024

    The securitised tokens allow accredited investors to gain gold exposure without having to physically store the metal.

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    Fraud, Scams & Cybercrime

    MAS Bans Former Prudential Representative for 8 Years

    By Nithya Subramanian | 19/04/2024

    The former insurance agent used client funds for personal expenses rather than to pay the client’s premiums.

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    Sustainable Finance

    Singapore to Raise $5b for Blended Finance Initiative: MAS

    By Nithya Subramanian | 19/04/2024

    MAS Managing Director Chia Der Jiun said blended finance will be a primary vehicle to de-risk climate transition projects.

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