RegPac Revolution
EU and Singapore Conclude Negotiations for Landmark Digital Trade Agreement
The recently concluded negotiations between the EU and Singapore for a landmark Digital Trade Agreement (DTA) mark a significant step...
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RegPac Revolution
- Aug 19
NGO’s demand Government Action to Combat Cyberbullying with Stricter Social Media Regulations
In light of a recent tragedy involving a TikTok content creator who allegedly committed suicide following persistent cyberbullying, NGOs...
RegPac Revolution
- Aug 16
Shaping a Greener Future: How the Greening Education Initiative Equips Young Minds for Sustainability
In the face of mounting environmental challenges, educating the next generation on sustainability is more critical than ever. The...
RegPac Revolution
- Aug 13
AI for ESG: Benefits, Challenges and the CIO's Role
In recent years, integrating artificial intelligence (AI) into Environmental, Social, and Governance (ESG) initiatives has become a...
Channel News Asia
- May 23
China's leading COVID-19 expert is exploring climate change as part of preparations for the next global pandemic.
While new COVID-19 variants persistently emerge globally, scientists and medical professionals are proactively gearing up for the next...
Channel News Asia
- May 15
Changi Airport initiates renewable diesel trials for airside vehicles
SINGAPORE: To support the decarbonisation of Singapore’s aviation sector, trials will be launched to test the use of renewable diesel in...
Financial Times
- May 8
Asia's ESG fund inflows take a sharp dive in the first quarter
In the first quarter of the year, sustainable fund flows in Asia, excluding Japan and China, were described as "subdued," marking a 63...
Financial Times
- Apr 30
The UK minister announces that G7 nations have committed to phasing out coal power by 2035.
A UK minister stated that energy and climate ministers from the G7 group of industrialized nations have concurred on discontinuing the...
Financial Times
- Apr 24
Indonesia's national investment fund aims to transition towards green energy with a $1 billion investment strategy.
The sovereign wealth fund of Indonesia is set to allocate investments of up to $1 billion this year, with a focus on green energy...
ESG News Asia
- Apr 17
First in Asia: HK International Airport pioneers the use of renewable diesel for ground services equipment
The Airport Authority of Hong Kong (AAHK) has announced a renewable diesel pilot initiative at Hong Kong International Airport (HKIA) in...
Business Times
- Apr 2
MAS introduces a centralized digital platform to combat money laundering and terrorism financing.
The Monetary Authority of Singapore (MAS) launched Cosmic – which stands for Collaborative Sharing of Money Laundering/Terrorism...
CoinDesk
- Mar 27
Philippines Securities Watchdog Halts Binance Operations
SEC Issues Warning: Binance Operating Without Licenses in the Philippines. Company Advised to Address Compliance Issues -- Read more HERE
BBC
- Feb 7
Facebook and Instagram will mark all AI generated images as fake.
Meta says it will introduce technology that can detect and label images generated by other companies' artificial intelligence (AI) tools....
BBC
- Nov 22, 2023
Binance CEO Changpeng Zhao Pleads Guilty to Money Laundering Charges
The Binance chief executive, Changpeng Zhao, has resigned after pleading guilty to money laundering violations. -- Read HERE.
European Union
- Oct 31, 2023
G7 leaders agreed on Guiding Principles and a Code of Conduct on Artificial Intelligence
The Commission welcomes today's agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a...
Regulation Asia
- Sep 28, 2023
MAS Suggests Strategy for Funding the Early Retirement of Coal Plants
A new paper by MAS and McKinsey proposes the generation and sale of “transition credits” to reduce the economic gap from retiring a coal...
Financial Times
- Aug 31, 2023
Switzerland reveals stricter measures against money laundering
Switzerland intends to mandate increased transparency to tackle its image as a destination for questionable profits. -- Read more here.
BBC
- Mar 29, 2023
Beginning in 2035, all new vehicles sold in the EU must be zero-emission vehicles
Countries in the European Union have approved a landmark law that will ensure all new cars sold from 2035 must have zero emissions. --...
Financial Times
- Mar 20, 2023
UBS and Rival Credit Suisse Reach a USD 3.25b Rescue Agreement
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators to safeguard the...
Financial Times
- Mar 17, 2023
UK regulator slams payment groups' "unacceptable" risk
The UK’s top financial regulator has warned against shutting down payments firms offering bank-like services without a banking license...
BBC
- Mar 8, 2023
Slimmed-down websites can cut carbon emissions
Websites can reduce carbon footprint, and one way is to switch to hosting based on renewable energy. -- Read more here.
BBC
- Mar 1, 2023
Flying Green is Not Easily Reachable, According to Scientists
You may be hoping that guilt-free flying is just around the corner, but scientists warn it is still a long way off. -- Read more here.
Monetary Authority of Singapore
- Feb 15, 2023
Industry Taskforce is launching the Third Consultation on Green and Transition Taxonomy
The Green Finance Industry Taskforce (GFIT), convened by the Monetary Authority of Singapore (MAS), today launched its final public...
Channel News Asia
- Feb 8, 2023
Singapore will Scrutinize All Carbon Markets and Initiatives Seriously
Singapore will take all scrutiny of carbon markets and projects seriously, as it finalises a list of international carbon credits that...
BBC
- Jan 19, 2023
Delaying Climate Action Will Harm the Economy - Tory MP's Review
A Conservative MP has said delaying climate action risks damaging the UK's economic prospects, in a major review of the government's net...
BBC
- Dec 21, 2022
Can We Return 30% of the Earth to Nature?
It's being called the last chance for nature - 100 countries backing calls to protect 30% of the planet. -- Read more here.
Finextra
- Dec 14, 2022
Visa Europe Assembled Sustainability Solutions Team
Visa's European arm has established a sustainability solutions team as part of its commitment to make payments greener. -- Read more here.
Regulation Asia
- Dec 7, 2022
Firms from China and Hong Kong are Increasing in Singapore
Up to 500 Chinese companies are estimated to have set up in Singapore this year. Meanwhile Hong Kong hedge funds are increasingly setting...
Regulation Asia
- Nov 16, 2022
Singapore Kicks Off New Climate Finance Accelerator
MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions. --...
Finextra
- Nov 9, 2022
SFF 2022: Vitalik Buterin’s take on the success of Ethereum’s The Merge
Ethereum co-founder Vitalik Buterin graced the main stage at Singapore Fintech Festival to highlight successes since The Merge in...
Regulation Asia
- Oct 20, 2022
ABS Released Guidelines for Sustainability in Private Banking
A common industry training benchmark has also been established to help upskill private banking relationship managers in the area of...
Finextra
- Oct 6, 2022
Monetary Authority of Singapore opened its ESG Impact Hub
The Monetary Authority of Singapore has launched an ESG Hub designed to spur collaboration between fintech startups, financial...
Finextra
- Sep 7, 2022
Singapore Welcomes a New Digital Bank.
The digital bank market in Singapore has grown following the launch of Trust Bank, a partnership between Standard Chartered and local...
Finextra
- Sep 1, 2022
Singapore is Tightening Its Rules for Retail Crypto Trading
The Monetary Authority of Singapore could introduce "customer suitability tests" in an effort to discourage people from trading...
Finextra
- Aug 25, 2022
Crypto-crime revenue dropped by 65%
Revenue derived from cryptocurrency-related crime is down by 65% in the first half of 2022 compared to the corresponding period in 2021....
Finextra
- Aug 10, 2022
Cryptoassets in the metaverse could cause systemic risk- BofE
If a decentralised metaverse continues to grow, there are potential risks from cryptoassets that could have systemic financial stability...
Regulation Asia
- Jul 27, 2022
MAS, Google Cloud Launch New Climate FinTech Support Program
Point Carbon Zero is a three-year program launched under Project Greenprint with the goal of stimulating the growth of climate FinTech...
Regulation Asia
- Jul 6, 2022
MAS Assesses Fairness of FIs’ Use of AI/Machine Learning
A MAS-led thematic review has analyzed the implementation of fairness principles by selected financial institutions in the use of...
Regulation Asia
- Jun 23, 2022
Japanese Ministry of Finance is seeking new powers to confiscate crypto assets in the country
Japan's Ministry of Justice is looking to create rules that would allow the courts and police to take control of digital assets – such as...
CNBC
- May 5, 2022
France Granted Crypto Giant Binance a Regulatory Approval
Binance, one of the world's largest cryptocurrency exchanges, has been granted approval from French regulators to operate its exchange in...
BBC
- Feb 28, 2022
West will Shut Off Some Russian banks from the Swift System
Several Russian banks have been shut off from the major international payment system, Swift, by the EU, the US, and its allies. Russia's...
RegPac Revolution
- Jan 6, 2022
The Bank of England fined Standard Chartered €55 million - the latest UK bank fined by authorities
STANDARD Chartered is the third British bank to face multi-million euro penalties this week for regulatory violations. - Read the full...
Channel News Asia
- Dec 29, 2021
Former Bank Employee Imprisoned for Embezzling S$1.13 Million, Replaced Notes with Counterfeits
Over the course of two years, a banking operations specialist stole S$1.13 million from his company's safe, either by taking more cash...
Regulation Asia
- Nov 17, 2021
Asia's Payment Scene Stars the Singapore Fintech Festival
This year's Singapore Financial Festival, held from November 8 to 12, 2021, saw plenty of fresh developments in the Asian fintech...
Monetary Authority of Singapore
- Nov 10, 2021
Fintech Regulatory Sandbox from MAS is Getting an Enhancement - Now Called Sandbox Plus
The Monetary Authority of Singapore (MAS) announced three changes to its FinTech Regulatory Sandbox platform, Sandbox Plus, in order to...
Finextra
- Nov 3, 2021
How Can Data, Technology, and the Private Sector Help Combat Climate Change
Ruth Porat, Chief Financial Officer of Google's parent company, Alphabet; Lord Stern, Chair, Grantham Research Institute on Climate...
Monetary Authority of Singapore
- Oct 8, 2021
Combatting money laundering, MAS and Financial Industry will use a new digital platform
The Monetary Authority of Singapore (MAS) announced that it will introduce a digital platform and enabling regulatory framework to allow...
Finextra
- Sep 28, 2021
APP fraud losses overtook card crime in H1 2021
According to recent data from UK Finance, losses from approved push payments fraud surpassed losses from card fraud for the first time in...
Regulation Asia
- Sep 13, 2021
Cyber Risk, Credit Losses, and Market Exuberance are all warned against by EU regulators
The European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational...
Regulation Asia
- Sep 6, 2021
In Singapore, the SGX has finalized the framework for SPAC listings.
The final framework reduces the minimum market cap necessary for a SPAC listing from S$300 million recommended in SGX's March...
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