Tag: Singapore
Singapore to pioneer climate reporting with mandatory disclosures from 2025
Singapore has taken a significant leap towards enhancing corporate transparency and accountability in addressing climate change.
Xcelerate secures over $25m in funding to expand GRC and ESG...
Singapore-headquartered Xcelerate, a prominent governance, risk & compliance (GRC), and environmental, social & governance (ESG) platform, has closed a funding round exceeding $25m.
Almost 9 in 10 investment firms are seeing performance gains from...
ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management...
Singapore’s latest CRS e-Tax guide update: What SGFIs need to know
The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.
Four of the top ten Swiss FinTech deals were Digital Asset...
Key Swiss FinTech investment stats in 2023:
• Swiss FinTech companies raised a combined $451m in 2023, a 62% drop YoY
• Swiss FinTech deal activity...
FinTech leader Sygnum raises $40m, fortifying its position in digital asset...
Global digital asset banking group, Sygnum, has secured over $40m in what is termed the Strategic Growth Round.
Decoding the UPI: Revolutionizing OTC derivatives reporting in global markets
The introduction of the Unique Product Identifier (UPI) under the European Union’s EMIR REFIT marks a significant shift in over-the-counter (OTC) derivatives reporting. This...
Funding Societies raises major funding to boost MSME financing in Southeast...
Funding Societies, a leading Southeast Asian FinTech company, has recently secured a substantial investment from Khazanah Nasional Berhad and CGC Digital Sdn Bhd.
Pave Bank debuts with a $5.2m funding boost
Pave Bank, a trailblazer in the realm of programmable banking, has launched with a $5.2m in funding. The round was led by 468 Capital, with...
Singapore and China bolster financial cooperation with new initiatives
The Monetary Authority of Singapore (MAS) and various Chinese financial entities have strengthened their partnership with a raft of new initiatives. MAS, Singapore's central bank...