Financial Services

The proprietary sustainability data platform will be released first to AllianzGI investment professionals.

UOB expects MAS  to release its statement around 10-14 April.

Other fund managers seek to use DLT-related tools.

The central bank aims to subdue the price pressures.

The report showed that 10% of fund managers’ businesses are fully manual.

It has a coupon rate of 3.268% and will be issued on 31 March 2023.

This project is a multilateral network connecting multiple domestic instant payment systems.

It took over Hong Kong by one point.

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

Asset servicers are less likely to be manual than investment managers.

OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.

CPF nominations work like wills and CPF members may still provide for ex-spouse.

Applicants are required to open and maintain an account with a MAS-licensed bank.

Over 3,000 workers in the industry got laid off in a year.

Systemwide gross loans for commercial banks have declined for three consecutive months.

MAS said that its local banks have “insignificant exposures” to the failed banks.