Singapore

Securities / Derivatives

SGX Grants In-principle Approval for Two SPAC Listings

By Editors | 30/12/2021

Temasek-backed Vertex Venture Holdings and Tikehau Capital have received eligibility-to-list letters from SGX following their SPAC listing applications.

Market Infrastructure

MAS Unveils Initiatives to Open Access to China ETFs, Bonds

By Editors | 29/12/2021

SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

Securities / Derivatives

The Rise of the SPAC Wave on Singapore’s Shores

By Johnny Lim | 28/12/2021

Johnny Lim and Michael Kwan consider SPAC developments around the world and set out considerations for those searching for the preferred listing destination.

Market Infrastructure

Singapore, Shanghai Bolster Collaboration in Finance, Innovation

By Darien Choong | 22/12/2021

A public private sector workgroup was established by MAS and the Shanghai Municipal Financial Regulatory Bureau to deepen bilateral financial cooperation and connectivity.

AML / KYC

Hong Kong, Singapore Authorities Arrest 10 in Joint Operation

By Manesh Samtani | 16/12/2021

Six senior executives of Hong Kong listed companies were among those arrested, for operating a cross-border pump-and-dump manipulation scheme.

Singapore Announces Measures to Cool Property Market

By Editors | 16/12/2021

Measures to tighten financing conditions for both public and private housing will encourage greater financial prudence, the Ministry of Finance said.

Crypto / Digital Assets

Binance Withdraws DPT Licence Application in Singapore

By Mark Johnston | 15/12/2021

Binance’s recent investment in Hg Exchange rendered its licensing application “somewhat redundant”, CEO Changpeng Zhao said.

Securities / Derivatives

MAS to Raise Corporate Finance Due Diligence Standards

By Editors | 15/12/2021

The new rules will require corporate finance advisers to establish a governance framework for due diligence which includes ensuring the veracity of information obtained.

Securities / Derivatives

SGX Unveils Roadmap for Mandatory TCFD-aligned Disclosures

By Manesh Samtani | 15/12/2021

Mandatory climate reporting will be required by listed FIs from financial year 2023. Board diversity policies have to be disclosed in annual reports.