Monetary Authority of Singapore

Crypto / Digital Assets

DBS Issues First STO on New Digital Exchange

By Sanday Chongo Kabange | 01/06/2021

The issuance paves the way for other issuers to access the capital markets through STO issuances as asset tokenisation turns mainstream, DBS says.

Market Infrastructure

MAS Issues Consultation Response on Credit Reporting Regulations

By Manesh Samtani | 01/06/2021

Licensed credit bureaus will be required to establish a Code of Conduct and comply with requirements on technology risk management and cyber security.

Securities / Derivatives

MAS Raises Focus on Fund Liquidity Risk Practices

By Manesh Samtani | 31/05/2021

MAS wants funds to increase the frequency of liquidity risk monitoring and to extend reporting of significant redemptions to non-retail funds.

Fintech / Regtech

MAS Partners with Mojaloop Foundation on Financial Inclusion

By Editors | 27/05/2021

The partnership will bring together MAS’ policy development perspectives and Mojaloop’s digital payments capability to advance financial inclusion.

Market Infrastructure

Nomura to Set Up Electronic FX Trading Engine in Singapore

By Ranamita Chakraborty | 20/05/2021

The electronic FX pricing and trading engine will improve execution infrastructure, access to liquidity and price discovery for clients.

ESG / Sustainability

Singapore Taskforce Issues Climate Disclosure Guide for FIs

By Editors | 19/05/2021

GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.

Big Picture

Conduct Risk Management Shifts to ‘Predict and Prevent’ Approach

By Manesh Samtani | 18/05/2021

In its annual Compendium on culture and conduct risk supervision, Starling highlights a shift from ‘detect and correct’ to ‘predict and prevent’.

Market Infrastructure

Is Asia Ready for the End of LIBOR?

By Li Renn Tsai | 17/05/2021

Li Renn Tsai compares progress in Asia’s main trading hubs, warning of a logjam of transition-related operational work that will pile up towards year-end.

Market Infrastructure

MAS to Expand Scope of Mandatory Reference Check Regime

By Manesh Samtani | 16/05/2021

MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.