News Centre

Monetary Authority Of Singapore-Led Consortium Develops AI-Powered System To Support Sustainable Finance In Real Estate Sector

Date 14/11/2023

The Monetary Authority of Singapore (MAS) today announced a Minimum Viable Product (MVP) that can assist banks to tap on Artificial Intelligence (AI) when issuing Sustainability-Linked Loans (SLLs) in the real estate sector.  The MVP was developed by the Project NovA! consortium which has concluded the first phase of its work. The NovA! consortium also published a whitepaper which documents the methodology used in the MVP system.

"Singapore's National AI Programme In The Real World" - Opening Speech By Mr Tan Kiat How, Singapore Senior Minister Of State, Ministry Of Communications And Information & Ministry Of National Development, At The Project NovA! Launch Event, Capital Meets Policy Dialogue On 14 November 2023

Date 14/11/2023

Good afternoon. Thank you for inviting me to join you for today’s Capital Meets Policy Dialogue.

The Capital Meets Policy Dialogue has been a hallmark of past editions of the Singapore FinTech Festival.

Shenzhen Stock Exchange Market Bulletin, November 10, 2023, Issue 38

Date 14/11/2023

Click here to download Shenzhen Stock Exchange's market bulletin, issue 38.

Keynote Address By Tan Boon Gin, CEO, SGX RegCo At Singapore Institute Of Directors’ Nominating And Remuneration Committees (NRC) Chapter Webinar

Date 14/11/2023

Friends and Colleagues 

1.           As you are all aware, in 2022 we introduced rules mandating disclosure of board diversity plans and targets.  We’ve been clear that we want this to result in greater diversity and renewal. As I have explained on other occasions, those rule changes should be read together with our recent hard-coding of the 9-year cap on director independence which means hundreds of companies will have to appoint new IDs in the coming 1-2 years.  Both sets of rules are designed to work in tandem to encourage companies to renew and refresh their boards to ensure that they have the necessary “skills, talents, experience and diversity”.   

United Nations Development Programme, Monetary Authority Of Singapore And Partners Launch Universal Trusted Credentials Initiative For MSME Financing

Date 14/11/2023

The United Nations Development Programme (UNDP), the Monetary Authority of Singapore (MAS), Bank of Ghana (BoG), Global Legal Entity Identifier Foundation (GLEIF) and the SME Finance Forum announced today the launch of an open global initiative – Universal Trusted Credentials (UTC) – to improve micro, small and medium-sized enterprises (MSMEs) access to financing. The UNDP has developed a whitepaper on the UTC, available for download here .

Remarks By US Secretary Of The Treasury Janet L. Yellen At Press Conference Following The Conclusion Of The APEC Finance Ministers’ Meeting In San Francisco, California

Date 14/11/2023

Hello everyone and thank you for joining today. 

I’ve been very glad to chair the 2023 Finance Ministers’ Meeting here in San Francisco over the past two days. And the United States has been proud to host APEC throughout this year. Hosting APEC is one of the many ways the Biden Administration is broadening and deepening our economic ties across Asia-Pacific economies. APEC economies are at the center of the global economy and our world’s economic future. The United States’ engagement with other APEC economies strengthens the U.S. economy, benefits American workers and firms, and advances American interests. It’s bringing significant benefits to the region as well. And cooperation across APEC economies is also key to tackling the challenges we all face, including the urgent threat of climate change.

Taiwan Futures Exchange Newsletter - November 2023

Date 14/11/2023

TAIFEX reported a total volume of 29,797,226 contracts with an average daily volume (ADV) of 1,489,861 contracts in October 2023, an increase of 16.4% in monthly ADV compared to September. ADVs of TAIEX Options (TXO), Mini-TAIEX Futures (MTX) and TAIEX Futures (TX) grew 20.2% to 819,127 contracts, 17.3% to 275,306 contracts, and 19.1% to 157,384 contracts over the previous month, respectively. Additionally, the ADV in the night session also rose 34.3% over September and accounted for 33.1% of the total volume.

ASIC: Gen Z More Concerned About Finances Than Any Generation In Australia

Date 14/11/2023

New research shows Gen Zs are feeling financially stressed, with high levels of debt including Buy Now Pay Later use.

Registration Open For US Office Of The Comptroller Of The Currency Symposium On The Tokenization Of Real-World Assets And Liabilities

Date 13/11/2023

The Office of the Comptroller of the Currency (OCC) today announced that registration is open for its symposium on the tokenization of real-world assets and liabilities on February 8, 2024, at its headquarters in Washington, D.C.

CalPERS Announces $100 Billion Net Zero Pledge And New Climate Accountability Measures

Date 13/11/2023

CalPERS announced Monday a sweeping sustainable investing strategy to accelerate moving the fund’s portfolio toward net zero, where carbon emissions from investments are evenly balanced with carbon reductions. The new effort will commit $100 billion toward climate solutions by 2030 and ensure corporate accountability through the sale of investments that do not have a credible plan to reduce carbon emissions.