The Monetary Authority of Singapore wants the credits to help with the retirement of coal plants, which account for 60% of energy supply in the region, and replace them with cleaner sources.
StraitsX and XREX have become the latest two blockchain firms to receive approval from MAS as major payment institutions (MPI) under the city’s payment service providers licensing scheme. They discussed their plans with FA.
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
The city-state has plans to expand current climate disclosure requirements to a wider group of listed and unlisted companies active in the market. Ahead of implementation, Srac invites market feedback.
The Australasian bank has announced that Anshul Sidher will step up as managing director of its Markets business. He will oversee recent recruit, Viacheslav (Slava) Shilin, who has joined the bank from Citi to lead its credit strategy.