Monetary Authority of Singapore

279 results about this entity

Period: 05 Aug 2010 - 15 May 2024

/wholesale

Singapore central bank backs Tradeteq quantum credit scoring project

London-based Tradeteq has received funding from Singapore's central bank on a project to develop quantum computing-based credit scoring methods for companies.

/regulation

MAS to extend assessment period for digital bank licences

The Monetary Authority of Singapore (MAS) announced today that it will extend the assessment period for the award of digital bank licences.

/regulation

MAS rolls out $125 million Covid-19 support package for banks and fintechs

The Monetary Authority of Singapore has put together a S$125 million Covid-19 support package to help fintech firms and financial institutions ride out the current slump in economic activity.

/regulation

MAS tells financial institutions to adopt safe distancing measures

The Monetary Authority of Singapore (MAS) issued today an advisory to all financial institutions (FIs) in Singapore, telling them to implement safe distancing measures in all aspects of their business operations, especially customer touch points.

/regulation

MatchMove files application for digibank licence in Singapore

MatchMove is the latest fintech firm to apply to the Monetary Authority of Singapore for a full digital banking licence, forming a coalition with lender Singapura Finance, clearing and settlement network Lightnet, and banking-as-a-service platform OpenPayd.

/retail

DBS evacuates 300 staff after employee gets coronavirus

DBS has evacuated around 300 staff from its office at the Marina Bay Financial Centre in Singapore after it was confirmed that an employee has been infected with the coronavirus.

MAS raises alert levels to Orange as Coronavirus fears grow

Following the raising of the Disease Outbreak Response System Condition (DORSCON) Alert Level from Yellow to Orange, the Monetary Authority of Singapore (MAS) issued an advisory on 7 February 2020 for financial institutions in Singapore to adopt additional measures and precautions.

/regulation

Singapore and US reach agreement on financial data sharing

U.S. Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met in Singapore to discuss the importance of data connectivity in financial services.

/regulation

Monetary Authority of Singapore ushers in new Payments Act

The Monetary Authority of Singapore (MAS) today announced the commencement of the Payment Services Act (PS Act).

/security

MAS alerts financial institutions to vulnerability in Microsoft Windows Operating System

The Monetary Authority of Singapore (MAS) had issued an advisory on 15 January to alert financial institutions in Singapore of critical vulnerabilities in the Microsoft Windows Operating System.

MAS receives 21 bids for five digital banking licences

The Monetary Authority of Singapore says it has received 21 applications for five available digital bank licences from firms operating across the full spectrum of financial and technology services.

/crypto

Exchange body welcomes Singapore consultation on crypto trading

The World Federation of Exchanges ("WFE"), the global industry group for exchanges and central counterparties (“CCPs”), has today responded to the Monetary Authority of Singapore’s (“MAS”) Consultation Paper on Proposed Regulatory Approach for Derivatives Contracts on Payment Tokens (crypto assets).

/security

Singapore wraps up two-day cyber wargame

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) jointly conducted a cyber-themed business continuity exercise to strengthen the financial sector’s resilience to cyber-attacks and operational disruptions.

/regulation

MAS consults on relaxing restrictions on payment token deriviatives

The Monetary Authority of Singapore (MAS) today issued a consultation paper proposing to allow payment token derivatives to be traded on Approved Exchanges and to regulate the activity under the Securities and Futures Act.

/sustainable

MAS sets up $2bn green investments programme

The Monetary Authority of Singapore (MAS) has announced a $2 billion green investments programme (GIP) to drive growth in sustainable finance in the country.

MAS develops FinTech Research Platform

The Monetary Authority of Singapore has collaborated with Deloitte and S&P to develop a prototype for a 'FinTech Research Platform' to provide investors and financial institutions with up-to-date company information on prospective investment targets in the startup sector.

MAS blockchain payment project moves into fifth phase

The Monetary Authority of Singapore says it has engaged with more than 40 financial and non-financial firms to determine the commercial viability and value of its blockchain-based prototype for multi-currency payments.

/startups

MAS selectes 20 finalists for 2019 Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the Global FinTech Hackcelerator.

BondEvalue to test blockchain-based fractional bond trading platform in MAS sandbox

Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange.

Mastercard joins Asean Financial Innovation Network

ASEAN Financial Innovation Network (AFIN) is delighted to welcome Mastercard as a corporate founding member to promote the broader adoption of financial technology innovations within Asia.