Singapore

Market Data & Technology

DSB Launches UPI Service, a Milestone for Derivatives Markets

By Manesh Samtani | 18/10/2023

The US, EU, UK, Australia and Singapore will all start requiring UPI reporting for OTC derivatives transactions in 2024.

Sustainable Finance

MAS Asks Firms to Pilot Transactions in “Transition Credits”

By Mark Johnston | 17/10/2023

Ravi Menon is seeking support from the industry to help develop transition credits that can be used to reduce the economic gap from retiring coal plants early.

AI Risk & Governance

US, Singapore to Deepen Collaboration on Responsible AI Innovation

By Editors | 17/10/2023

The US and Singapore completed a joint mapping exercise to make their AI governance frameworks interoperable.

Fraud, Scams & Cybercrime

MAS Issues Prohibition Orders Against Two Former Insurance Agents

By Editors | 16/10/2023

The former insurance representatives submitted a claim for a leg injury despite knowing it occurred before the insurance policy application.

Trading & Investment

Singapore, Shanghai to Collaborate on Asset Management

By Editors | 16/10/2023

IMAS and the Asset Management Association of Shanghai will collaborate to advance the development of their asset management industries.

Cryptocurrency

MAS Grants Major Payments Institution Licence to Upbit

By Editors | 16/10/2023

Upbit is South Korea’s largest crypto exchange. The group also has regulated digital asset exchanges in Indonesia and Thailand.

Cloud & Infrastructure

Singapore Data Centre Issue Causes DBS, Citibank Disruptions

By Editors | 16/10/2023

The Saturday disruption was caused by an issue at an Equinix data centre that is used by multiple organisations.

Custody & Infrastructure

Singapore Builds Trust in Crypto with New Regulations

By Ranamita Chakraborty | 16/10/2023

Regulation Asia speaks to legal experts on what lies ahead for DPT service providers in Singapore as they navigate the evolving regulatory landscape.

Trading & Investment

CapitaLand China Trust Issues First China FTZ Offshore Bond

By Editors | 16/10/2023

CapitaLand China Trust subsidiary CLCT MTN has become the first Singapore-based issuer to launch offshore CNY bonds in the Shanghai FTZ.