Singapore

Securities / Derivatives

SGX Launches First Leveraged and Inverse ETPs

By Editors | 01/12/2021

The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX’s Michael Syn.

Fintech / Regtech

MAS Grants Fourth Digital Payment Token Licence

By Editors | 30/11/2021

Crypto payments firm TripleA is the fourth company to receive a DPT licence in Singapore after FOMO Pay, DBS Vickers and Independent Reserve.

MAS, IBF Offer Support to Enhance Family Office Skillsets

By Editors | 29/11/2021

New skills maps have been launched as a resource for training providers and FIs to design family office-related training.

Securities / Derivatives

SGX Goes Live with NZX Dairy Derivatives Contracts

By Editors | 29/11/2021

The partnership with SGX will bring “unprecedented access” to the dairy derivatives markets, says NZX chief Mark Peterson.

Fintech / Regtech

Singapore Strengthens Financial Connectivity with Chongqing

By Mark Johnston | 25/11/2021

Ten MOUs were signed between Singapore and Chongqing banks and industry bodies at the 4th China-Singapore (Chongqing) Connectivity Financial Summit.

Securities / Derivatives

MAS Proposes Amendments to the Business Trusts Act

By Editors | 25/11/2021

Business trusts will have to obtain and maintain information on beneficial ownership and disclose their CEOs’ interests in transactions.

Enforcement

MAS Considers ‘Appropriate Supervisory Actions’ After DBS Outage

By Mark Johnston | 24/11/2021

MAS considering “appropriate supervisory actions” following two days of digital services disruption at DBS Bank.

Fintech / Regtech

OCBC ‘Actively Exploring’ Partnerships to Enter Crypto Space

By Manesh Samtani | 21/11/2021

OCBC’s Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem “before we know it”, creating new growth opportunities and revenue streams for banks.

MAS to Enhance Disclosures Provided to Mortgage Borrowers

By Editors | 19/11/2021

MAS proposes to enhance the disclosures regarding possible interest rate changes, while also allowing for borrower acknowledgements to be obtained digitally.