Singapore

Fintech / Regtech

MAS Launches Global Challenge for Retail CBDC Solutions

By Editors | 29/06/2021

Fintechs, financial institutions and solution providers from around the world are invited to submit innovative solutions that can address 12 problem statements.

Enforcement

105 More Charges Laid Against Hin Leong Founder

By Editors | 27/06/2021

Lim Oon Kuin now faces a total of 130 charges, including 68 for cheating, 47 for abetment of forgery, and 14 for abetment for forgery for the purpose of cheating.

Market Infrastructure

MAS Extends Financial Sector Training Support Measures

By Editors | 27/06/2021

The extensions will help Singaporeans continue to acquire in-demand skills and encourage FIs and fintechs to retain and upgrade staff capabilities.

Fintech / Regtech

MAS Authorises Sandbox Graduate HGX as Market Operator

By Ranamita Chakraborty | 25/06/2021

The HGX member-driven private securities exchange formed out of an alliance between Fundnel, PhillipCapital, PrimePartners and Zilliqa.

Enforcement

SGX RegCo Set to Expand Enforcement Powers

By Manesh Samtani | 25/06/2021

From 1 August, SGX RegCo will be able to issue public reprimands, require issuers to comply with specified conditions, and demand director resignations.

ESG / Sustainability

MAS Announces ‘Final’ Extension of Credit Relief Measures

By Editors | 24/06/2021

MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.

Fintech / Regtech

SFA Forms ‘Club’ to Drive Fintech Community Development

By Ranamita Chakraborty | 24/06/2021

SG FinTech Club will enable fintech professionals to make deeper connections with industry peers, upskill and access growth opportunities.

Fintech / Regtech

DBS Launches Automated Digital Bond Issuance Platform

By Editors | 23/06/2021

FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.

Financial Advice Standards Have Improved, MAS Finds

By Manesh Samtani | 22/06/2021

Financial advisers have enhanced their standards and raised the quality of advice provided to customers, MAS found in a mystery shopping exercise.