Singapore

AML / KYC

MAS Issues Guidance on Mitigating Terrorism Financing Risks

By Manesh Samtani | 28/05/2023

The guidance says money remittance services, banks, DPT service providers, precious stone and metals dealers, and non-profit organisations are vulnerable to TF threats.

ESG / Sustainability

Singapore: ESG Registry Upgraded to Provide Better Data, Analytics

By Ranamita Chakraborty | 26/05/2023

ESGpedia platform updated to provide greater data coverage, enhanced solutions and analytics, and assessment tools.

ESG / Sustainability

PITCH! REGTECH: ESG Data Needs to Be More Accurate 

By Ranamita Chakraborty | 25/05/2023

Panellists at Regulation Asia’s PITCH! REGTECH conference said RegTech needs to be “creative” to help FIs manage ESG data.

Fintech / Regtech

PITCH! REGTECH: Drawing the Line Between RegTech and Frustrated Customers 

By Karen Ng | 25/05/2023

As they embark on the RegTech race, banks cannot ignore frustrated customers.

ESG / Sustainability

Singapore Launches Sustainable Finance Training for Asset Managers

By Ranamita Chakraborty | 25/05/2023

IMAS is introducing sustainable finance training courses to enhance capacity building within the asset management industry.

Fintech / Regtech

PITCH! REGTECH: Rising Digital Crimes Give Urgency to Fraud Detection 

By Karen Ng | 25/05/2023

The prevalence of digital crimes has given urgency to the need by banks to develop cutting-edge fraud detection systems, says DBS Bank’s head of legal & compliance Lam Chee Kin.

Crypto / Digital Assets

OCBC Partners ADDX to Launch Tokenised Structured Note

By Karen Ng | 24/05/2023

By tokenising the three-month fixed coupon note and distributing it on ADDX’s platform, OCBC will have access to ADDX’s global accredited investor base.

Market Infrastructure

SGX to Launch First Depository Receipts on 30 May

By Sanday Chongo Kabange | 24/05/2023

The inaugural depository receipts will be issued by Phillip Securities and represent ownership in Thailand’s AOT and PTT Exploration & Production.

AML / KYC

SG Police Warns of Scams From Scanning QR Codes

By Karen Ng | 24/05/2023

The increasing usage of QR codes for cashless payments have led to a spike in phishing scams in Singapore.