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Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
Majority of its on-demand liquidity transactions flow from Singapore, the company said.
MAS completes investigation on Citadelle; no further action taken
Citadelle did not breach the Trust Companies Act, according to MAS.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
MAS suggests digital money standards through whitepaper
The paper includes technical specifications detailing the entire lifecycle of purpose bound money.
HSBC names Paul Jeremy Brough as independent non-exec director
Brough is also an independent non-exec director of Guoco Group and Toshiba.
More than 2,600 Thai entrepreneurs benefit from GHL expansion of Alipay+
Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.
India's competition entity approves HDFC’s request to increase shareholding in HDFC Life, Ergo
HDFC increased its shareholding in the two entities to more than 50%.
CIMB collaborates with Sun Life and CTOS, to introduce ASB financing solution
It aims to amplify financial literacy amongst Malaysians.
AXA, Carbon Wallet partner to reward green lifestyle
This partnership incentivises actions toward a sustainable lifestyle.
Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's
The bank hopes to keep a low problem loan ratio of around 0.5%.
Mox receives licence for HK-US equity trading services
The licence makes it the first Hong Kong virtual bank to offer this service.
MDBs certain on new financing principles with Paris Agreement targets
The collection of technical papers showcases their strategies and plans correlating to the Paris Agreement.
Maybank's asset quality, profitability to remain stable: Moody's
Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
Japanese regulator sounds out megabanks on China geopolitical risks: report
Its three megabanks have a total credit exposure of $64b to China.
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