News Centre

DIFC Reaffirms Status As Pivotal InsurTech Hub

Date 07/08/2019

• InsurTech market revenue growing at a rate of 16 per cent globally as disruptive technology transforms the market
• Addenda, a DIFC-based InsurTech firm, signs five major regional insurance players to new Blockchain platform

Industry First As Napier Incorporates Innovative Machine Learning Capability Into Latest Transaction Monitoring Product Release

Date 07/08/2019

In an industry first, Napier has incorporated their innovative machine learning capability, Intelligent Analysis, into its latest transaction monitoring product release, following extensive research and a successful trial with prime London brokerage BCS Global Markets.

Global Digital Finance Appoints Sandra Ro To The GDF Board Of Directors

Date 07/08/2019

Global Digital Finance (GDF), the industry body driving acceleration and adoption of digital finance announces today that Sandra Ro, CEO of Global Blockchain Business Council has accepted an appointment to the Board of Directors of GDF as a non-executive director, commencing 1 September 2019. 

SET Market Report For July 2019

Date 07/08/2019

The Stock Exchange of Thailand (SET) Index at end-July dropped 1.1 percent from the previous month but increased 9.5 percent from end-2018 to 1,711.97 points. The average daily trading value of SET and Market for Alternative Investment (mai) in July was THB 64.05 billion (approx. USD 2.07 billion), rising 23 percent from the same period a year earlier. Foreign investors were net buyers of Thai shares for the fourth consecutive month, representing the highest monthly net inflows in ASEAN in July.

Dubai Financial Services Authority Signs MoU With The Central Bank Of Egypt

Date 07/08/2019

The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and facilitate the performance of their respective supervisory tasks and promote the safety and soundness of banks in their respective jurisdictions. This includes, but is not limited to, combatting financial crime, conducting consolidated supervision of common firms and discussing crisis management.

Guest-Of-Honour Speech By Tan Boon Gin, CEO, Singapore Exchange Regulation, At The Launch Of The Singapore Governance & Transparency Index 2019

Date 07/08/2019

Good morning

1. Back in the 1980s, Singapore began embracing the concept of a Neighbourhood Watch. For those who are unfamiliar with this, the Neighbourhood Watch programme was something we imported from the US. It involves a group of people living in the same area, a community. And the community would form a Neighbourhood Watch group with the intention of making their neighbourhoods safer. 

ASIC Updates Guidance On The Markets Disciplinary Panel’s Policies And Procedures

Date 07/08/2019

ASIC has updated its regulatory guidance on the operation of the Markets Disciplinary Panel (MDP).

Monetary Authority Of Singapore Launches Sandbox Express For Faster Market Testing Of Innovative Financial Services

Date 07/08/2019

The Monetary Authority of Singapore (MAS) today launched Sandbox Express to provide firms with a faster option to test innovative financial products and services in the market. Eligible applicants can begin market testing in the pre-defined environment of Sandbox Express within 21 days of applying to MAS instead of taking a longer time to customise their sandboxes under the existing FinTech Regulatory Sandbox.

ASIC Consults On New Guidance For Companies On Whistleblower Policies

Date 07/08/2019

ASIC is calling for public input on its proposed guidance on the new legal obligation on companies to implement a whistleblower policy.

Opening Remarks By Tan Boon Gin, CEO of Singapore Exchange Regulation, At The 1H FY2020 Regulatory Briefing For Media

Date 07/08/2019

Good afternoon and thank you for joining me today (6 aUGUST, 2019).

1. I shared in January this year some of SGX RegCo’s initiatives for FY2019. And now that 6 months have passed, I thought it would be timely to talk about what is next on our plate for the current six months to end of 2019.  I intend to do this regularly from now on, to give everyone a preview of what is to come every half year.