CENTRAL banks will lead the way in the issuance, control and regulation of digital currencies. This is the key message in a significant chapter on central bank digital currencies (CBDC) in the Bank for International Settlements' (BIS) latest annual report on Wednesday.
THE lack of a common language on green finance and incomplete data on climate risk characteristics of infrastructure assets are among the key barriers standing in the way of unlocking private capital to support Asia's future infrastructure needs, said Second Minister for Finance and National Development Indranee Rajah....
DBS has completed Singapore's first export financing transaction referencing the US dollar (USD) Secured Overnight Financing Rate (SOFR) with food and agri-business, Bunge, the bank announced on Wednesday.
THE Monetary Authority of Singapore (MAS), through its mystery shopping exercise (MSE) for financial advisers (FAs), found that roadshow sales had more incidences of unsuitable recommendations and inappropriate influence than through customer referrals.
THE number of millionaires in Singapore is expected to jump by 61.9 per cent by 2025 to about 437,000, from the current 270,000, according to a global wealth report by Credit Suisse.
DBS has launched a fully digital and automated fixed income execution (FIX) platform where issuers can directly connect with investors without the involvement of a bank
THE Covid-19 pandemic has helped to expedite the growth of the regulatory technology ecosystem in Singapore, with regtech solutions prioritised as an immediate business need, according to a report by Ireland's innovation agency Enterprise Ireland.
THE number of millionaires in Singapore is expected to jump by 61.9 per cent by 2025 to about 437,000, from the current 270,000 millionaires, according to a global wealth report by Credit Suisse.
Most insurance recommendations meet customers’ needs; higher chances of misconduct at roadshows: MAS
THE Monetary Authority of Singapore (MAS), through its mystery shopping exercise (MSE) for financial advisers (FAs), found that roadshow sales had more incidences of unsuitable recommendations and inappropriate influence than through customer referrals.
MC Payment will hold the extraordinary general meeting (EGM) deciding on the removal of five directors from its board, save for one, on July 30.









