Monetary Authority of Singapore

279 results about this entity

Period: 05 Aug 2010 - 15 May 2024

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Singapore and India establish fintech working group

The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) yesterday (June 1) signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG).

MAS takes action against token issuers

The Monetary Authority of Singapore (MAS) has warned eight digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures contracts without MAS’ authorisation.

XTX to set up FX trading engine in Singapore

As part of its expansion in the Asian FX markets, XTX Markets’ Singapore entity (XTX Markets Pte. Ltd. (XTX)) is building a new electronic foreign exchange (eFX) pricing and trading engine which will go live in Equinix’s Singapore SG1 data centre in June 2018.

Finda Systems to test facial recognition tech under MAS PoC scheme

Finda System (Asia) Pte Ltd (Finda), a fintech company offering Know-Your-Customer (KYC) solutions to the banking sector, today announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept (POC) Scheme.

AMBD and MAS ink fintech deal

The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore.

MAS looks to strengthen Singapore's AI ecosystem

MAS looks to strengthen Singapore's AI ecosystem

The Monetary Authority of Singapore is stepping up its efforts to accelerate the adoption of artificial intelligence in the financial services sector, teaming up with a trio of organisations to foster a "thriving AI ecosystem".

Singapore to move to central clearing for OTC derivatives

The Monetary Authority of Singapore (MAS) will introduce regulations to require over-the-counter (OTC) derivatives to be cleared on central counterparties (CCPs), with effect from 1 October 2018.

Singapore to fast track fintech patent processing

Singapore to fast track fintech patent processing

Singapore's Intellectual Property Office is to speed up the time taken to patent new fintech inventions in an effort to help startups bring their applications to the market more rapidly.

Singapore and Vietnam sign fintech innovation pact

The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have agreed today to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision.

Singapore's MAS preps guidelines for ethical use of AI and data analytics

Singapore's MAS preps guidelines for ethical use of AI and data analytics

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

MAS fines Standard Chartered over AML failings

The Monetary Authority of Singapore (MAS) announced today that it has imposed penalties of S$5.2 million on Standard Chartered Bank, Singapore Branch (SCBS) and S$1.2 million on Standard Chartered Trust (Singapore) Limited (SCTS).

Monetary Authority of Singapore to use machine-readable data to aid banks in regulatory reporting

The Monetary Authority of Singapore (MAS) today unveiled the roadmap to transform its data collection approach from financial institutions.

Singapore and Lithuania agree fintech collaboration deal

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries.

Nets outage caused by human error - MAS

Parliamentary Question: To ask the Prime Minister with regard to the interruption to NETS services on 2 February 2018 due to "inadvertent human error" during system maintenance (a) whether MAS has identified root causes which predispose the system to human error; and (b) what measures MAS is taking to ensure reliability of cashless transaction providers with significant market share where interruptions can significantly impact businesses and end users.

Singapore and Maharashtra sign fintech pact

The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM)1 signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.

Singapore and Egypt bolster fintech co-operation

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018.

Monetary Authority of Singapore introduces new guidance for remote customer onboarding

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding.

Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year.

MAS cautions against investments in cryptocurrencies

The Monetary Authority of Singapore advises the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies1.

MAS to run second consultation on new regulatory framework for payments

The Monetary Authority of Singapore (MAS) today launched a second consultation on its proposed payments regulatory framework, known as the Payment Services Bill (the “Bill”)1.

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