News Centre

Monetary Authority Of Singapore Proposes To Increase Deposit Insurance Coverage

Date 27/06/2023

The Monetary Authority of Singapore (MAS) today published a public consultation paper on proposals to increase deposit insurance (DI) coverage per depositor to S$100,000, and to improve the clarity and operational efficiency of the DI Scheme. 

ETFGI Reports ETFs Industry In Asia Pacific ex Japan Gathered Net Inflows Of US$20.51 Billion Buring May

Date 27/06/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$20.51 billion during May, bringing year-to-date net inflows to US$44.15 billion. During the first 5 months of the year, assets increased by 7.9%, going from $578.72 Bn at end of 2022 to $624.62 Bn, according to ETFGI's May 2023 Asia Pacific (ex-Japan) ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Securities Commission Malaysia’s FIKRA ACE To Spur Islamic Fintech Innovation, Growth For ICM Accelerator Programme Global Call For Applications Starts Today

Date 27/06/2023

The Securities Commission Malaysia (SC) today announced the launch of FIKRA ACE, a fintech initiative that aims to enhance the Islamic capital market (ICM) ecosystem by facilitating the development of Islamic fintech through a structured approach. 

Time For The Top Management Of BETTER FINANCE To Evolve

Date 27/06/2023

• Guillaume Prache will step down as Managing Director and Aleksandra Mączyńska, currently Executive Director, will become Acting Managing Director.
• Matis Joab, currently Finance Officer, will become Executive Director.
• Aleksandra and Matis will form the Executive Team together with Arnaud Houdmont, who was named Director of Communication last March.

EDHECinfra And Japan’s GPIF Ink New Commercial Agreement

Date 27/06/2023

EDHEC Infrastructure and Private Assets (EDHECinfra) is pleased to announce a new commercial agreement with the Government Pension Investment Fund of Japan.  Following an open, public market consultation, GPIF has commissioned EDHECinfra to analyse the fair value of investments in unlisted infrastructure equity, with a particular emphasis on GPIF’s own portfolio.

Asia-Pacific M&A Deal Activity Down By 16.3% YoY During January-May 2023, Reveals GlobalData

Date 27/06/2023

A total of 2,765 mergers and acquisitions (M&A) deals were announced in the Asia-Pacific (APAC) region during January to May 2023, a decline of 16.3% compared to the 3,304 M&A deals announced during the same period in the previous year, finds GlobalData, a leading data and analytics company.

BNP Paribas Asset Management Launches First Irish ETF

Date 27/06/2023

BNP Paribas Asset Management (‘BNPP AM’) announces that it has received regulatory approval from the Central Bank of Ireland for BNP Paribas Easy ICAV and has launched its first sub-fund, BNP Paribas Easy S&P 500 ESG UCITS ETF.  The fund, BNPP AM’s first Irish ETF, is classified as SFDR Article 8 and has been listed on Euronext Dublin, Euronext Paris and Deutsche Börse Xetra from 27 June. The fund will also be listed on Borsa Italiana, SIX Swiss Exchange and the London Stock Exchange at a later stage.

London Stock Exchange Group PLC Transaction In Own Shares

Date 27/06/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Tata Motors Finance Elevates And Simplifies Digital Lending Capabilities With Fiserv

Date 27/06/2023

Tata Motors Finance Limited (TMFL), one of India’s leading automotive financiers, is fortifying its digital lending capabilities and enabling top-notch customer experiences through a new partnership with Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions.

Monetary Authority Of Singapore And SGX Group To Collaborate With The Climate Data Steering Committee To Strengthen Global Access To Climate Transition-Related Data

Date 27/06/2023

The Secretariat of the Climate Data Steering Committee (CDSC), Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) have signed a Memorandum of Understanding (MoU) to collaborate on strengthening access by stakeholders around the world to key climate transition-related data.