The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies.
On 28 February 2024, the...more
The Civil Aviation Authority of Singapore will also launch 12 key initiatives, including a levy on sustainable aviation fuel and low-carbon electricity imports.
The Civil Aviation Authority of Singapore (CAAS) has launched...more
2/29/2024
/ Air Traffic Control Systems ,
Airlines ,
Airports ,
Aviation Industry ,
Carbon Emissions ,
Electricity ,
Net Zero ,
Singapore ,
Solar Energy ,
Solar Panels ,
Sustainability
The Eligibility List sets out the approved host countries, carbon crediting programmes, and methodologies that meet the established Eligibility Criteria in Singapore.
On 19 December 2023, the Ministry of Sustainability...more
The Significant Investments Review Bill (the Bill), introduced by the Ministry of Trade and Industry (MTI), was passed by parliament on 9 January 2023 and is likely to enter into force in mid to late 2024. The Bill aims to...more
The voluntary code aims to enhance transparency and improve comparability and reliability of ESG data and scores.
The Monetary Authority of Singapore (MAS) has published a Code of Conduct for Providers of Environmental,...more
As ESG regulation in Asia develops at an increasing pace, Latham lawyers give an update on noteworthy developments across the region covering the second half of the year. ...more
12/13/2023
/ Asia ,
Asia Pacific ,
China ,
Cross-Border ,
Environmental Social & Governance (ESG) ,
Hong Kong ,
Indonesia ,
Japan ,
Malaysia ,
Philippines ,
Popular ,
Singapore ,
Sustainability
The Taxonomy aims to define green and transition economic activities to identify and allocate capital to sustainable projects and initiatives.
On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the...more
The artificial intelligence platform is the most recent development in Singapore’s green initiatives as part of Project Greenprint.
A new platform called “Gprnt.ai” (Gprnt), which launched in November 2023, aims to unify...more
The Ministry of Trade and Industry (MTI) introduced the Significant Investments Review Bill (the Bill) to parliament on 6 November 2023. The Bill aims to protect the national interests of Singapore by regulating significant...more
As ESG regulation in Asia develops at an increasing pace, Latham lawyers give an update on noteworthy developments across the region....more
8/28/2023
/ Asia ,
China ,
Climate Change ,
Consultation ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Hong Kong ,
Japan ,
Monetary Authority of Singapore ,
Popular ,
Regulatory Requirements ,
Singapore ,
South Korea
The Monetary Authority of Singapore announced a new framework that seeks to ensure value stability for stablecoins regulated in Singapore.
On 15 August 2023, the Monetary Authority of Singapore (MAS), Singapore’s primary...more
MAS has published new requirements for DPT service providers and a consultation paper on additional regulations and prohibitions against unfair trading practices.
On 3 July 2023, the Monetary Authority of Singapore...more
7/21/2023
/ Blockchain ,
Consultation ,
Custody ,
Financial Institutions ,
Financial Services Industry ,
Monetary Authority of Singapore ,
Payment Systems ,
Payment Tokens ,
Singapore ,
Token Sales ,
Trusts
The forthcoming guidelines will set supervisory expectations to steer financial institutions’ transition planning processes to facilitate decarbonisation efforts by their clients.
On 8 June 2023, the Monetary Authority...more
6/22/2023
/ Climate Change ,
Consultation ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Monetary Authority of Singapore ,
Rating Agencies ,
Regulatory Agenda ,
Risk Factors ,
Singapore ,
Sustainability ,
Sustainable Finance
New legislation strengthening the compulsory acquisition regulatory framework in the Companies Act 1967 is welcome news for minority shareholders.
On 9 May 2023 the Parliament of Singapore passed the Companies, Business...more
The consultation seeks feedback on its “measures-based approach” to classifying industrial activities, as well as “Do No Significant Harm” criteria.
The Green Finance Industry Taskforce (GFIT) was convened by the...more
Hong Kong’s Core Climate aims to facilitate trading of carbon credits, while the Hub plans to expedite Singapore’s ESG ecosystem growth.
On 28 October 2022, the Hong Kong Exchange and Clearing Limited (HKEX) launched Core...more
11/8/2022
/ Carbon Off-Set Credits ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
FinTech ,
Hong Kong ,
Hong Kong Stock Exchange ,
Singapore ,
Stock Exchange ,
Trading Platforms
The guidelines set out the MAS’ expectation that digital payment token service providers should not promote their services to the general public in Singapore.
On 17 January 2022, the Monetary Authority of Singapore (the...more
The global asset management community has long been among the leaders in recognising the investment and risk management benefits of tracking the environmental, social, and governance (ESG) performance of the assets it invests...more
10/4/2021
/ Asset Management ,
Business Strategies ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Services Industry ,
Germany ,
Global Standards ,
Hong Kong ,
Investment Management ,
Multinationals ,
Publicly-Traded Companies ,
Singapore ,
Sustainability ,
UK
The SPAC Framework proposes to safeguard investor interests and meet capital-raising market needs.
Special purpose acquisition companies (SPACs) can now list on the Mainboard of the Singapore Exchange Securities Trading...more
The proposal covers broad admission criteria; conditions for founding shareholders, the management team, and controlling shareholders; and business combination requirements.
On 31 March, the Singapore Exchange (SGX)...more
Amendments to the PDPA significantly change Singapore’s data protection landscape, including mandatory data breach notification and criminal offences for mishandling of personal data.
On 1 February 2021, certain sections...more
The guidelines aim to promote the adoption of robust practices for managing technology risks in the financial sector.
On 18 January 2021, the Monetary Authority of Singapore (the MAS) issued revised guidelines (the...more
Regulators consult on an investor identification regime and outsourcing requirements, and issue guidance on electronic storage of regulatory records and environmental risk management -
This blog post summarises key...more
Regulators propose new regulations for virtual asset exchanges and enhanced customer identity verification requirements, and launch an innovative commercial data interchange.
This blog post summarises key regulatory...more
12/9/2020
/ Anti-Money Laundering ,
Consultation ,
Data-Sharing ,
Financial Institutions ,
FinTech ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Regulatory Standards ,
Singapore ,
Trading Platforms ,
Verification Requirements ,
Virtual Currency
The proposal would require financial institutions to use certain categories of information for non-face-to-face verification before undertaking transactions or requests.
In November 2020, the Monetary Authority of...more