The Singpass login details were used by scam syndicates to open new bank accounts to launder the proceeds of crime.
March 23, 2022The initiative, now known as Carbonplace, will seek to develop infrastructure to facilitate reliable, secure, and scalable trading of high-integrity carbon credits.
February 16, 2022Standard Chartered Hong Kong is the first foreign bank qualified as a direct participant of China’s Cross-border Interbank Payment System in the offshore market.
February 16, 2022A new open-source software toolkit has also been published to enable financial institutions to automate the fairness metrics assessment.
February 6, 2022The former relationship managers were among five individuals indicted for conspiring to deceive Japanese investors with false documents.
January 27, 2022The Bank of East Asia was no longer identified as a D-SIB in the assessment considering its systemic importance relative to other institutions, the HKMA said.
December 28, 2021The PRA said StanChart's internal controls and governance arrangements underpinning its regulatory reporting were not implemented or operating effectively.
December 24, 2021The private sector can make critical contributions to CBDC design and development, says StanChart's John Ho, who co-authored the papers.
November 24, 2021The Asian fintech scene witnessed a raft of new announcements at this year's Singapore Fintech Festival held from 8-12 November 2021.
November 16, 2021The pilot enabled trading counterparties and transacting banks to digitally validate and exchange trade documents in real-time.
November 12, 2021