Issuers can use SRI-linked sukuk proceeds for general purpose, subject to their commitments to future improvements for sustainability outcomes within a predefined timeline.
July 3, 2022All local and foreign FIs are expected to adopt the basic recommendations set out in the application guide within a recommended timeframe of 24 months.
June 30, 2022The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.
June 20, 2022The SC plans to make it a requirement for the majority of board members and the rating committee to be independent.
June 14, 2022In one case, approximately $821,000 flowed through one mule bank account controlled by scam operators within a period of six months.
June 2, 2022The MOU will enable the SC and FSA to strengthen collaboration in areas such as risk monitoring and promote capital market stability.
May 24, 2022MAS managing director Ravi Menon described the licensing process as necessarily stringent for Singapore to be a responsible global crypto hub.
May 3, 2022A new report was released assessing current sustainability practices at FIs. Work has commenced to develop a climate disclosure guide for businesses.
April 28, 2022Among other things, the PGG recommends that female directors comprise a minimum 30 percent of a GLIC's board.
April 25, 2022All Malaysian FIs will be expected to adopt basic recommendations set out in the application guide and encouraged to adopt more sophisticated 'stretch' recommendations.
April 4, 2022