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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
