The Singaporean bourse and regulator have launched a new ESG reporting portal.
![](https://s34456.pcdn.co/wp-content/uploads/2021/03/ESG-NOV-v2-640x360.jpg.optimal.jpg)
The Singaporean bourse and regulator have launched a new ESG reporting portal.
This comes as its Singaporean entity has recently obtained a financial adviser’s licence from the Monetary Authority of Singapore.
From January MAS requires funds to provide details on their investment strategies, criteria used and associated risks.
‘There is definitely a huge potential in the market’.
The changes are meant to improve understanding of the risks of complex products.
The Monetary Authority of Singapore (MAS) will channel $1.8bn into climate-related investment opportunities.
This is followed by private banking and wealth management roles.
Products mis-selling, breaches of business conduct rules and serious impropriety most investigated.
As lack of face-to-face interaction increased risk of identity theft and misuse of personal information.
Small firms will be able to access funding to improve digital reporting to watchdog.
Part of the Mark Allen Group.