MAS

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. MAS also works with the financial industry to develop Singapore as a dynamic international financial centre.

See below for the Latest MAS News, Analysis, Profit Results, Share Price Information, and Commentary. 

Experts expect economy to grow 4.8% in Q2

The full-year growth forecast was lowered to 3.8% from 4%.

MAS revises business continuity guidelines of financial institutions

The guidelines took into account two round of public consultation.

MAS to explore digital assets use cases with Project Guardian

The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.

MAS, Swiss gov’t body agree to push for data connectivity in finance

They will work with other countries and authorities to promote financial growth.

Chart of the day: Core inflation rises to record breaking 3.3%

This is the highest since core inflation hit 3.5% in January 2012.

MAS charges insurance agents for breach of Financial Advisers Act

Their offences included falsification and providing false information.

Tech-focused talents tops demand in Singapore’s financial sector

More than 3,000 tech-focused jobs are expected in 2022.

MAS committee lists 3 recommendations on adjustment spreads for Legacy SOR contracts 

The recommendation covers SOR contras that remain outstanding after 31 December 2024.

MAS slaps woman with $100,000 fine over false trading 

The woman identified as Tan Su Lan purchased shares in Aspial Corp and Far East Orchard.

MAS keeping an eye on 4 threats to crypto ecosystem

Adapative approach to be taken in addressing these risks. 

MAS bares top 4 priorities for 2022 and 2023

The agency vowed to take a tough approach against financial crime and misconduct.

Core inflation expected to come in 2.5%-3.5% in 2022

Consumer price inflation will also be raised by more than previously anticipated.

SG, Australia ink agreement to deepen FinTech collaboration

The agreement sets out a framework for 4 collaboration areas.

MAS transfers S$75b excess Official Foreign Reserves to government

This brings the stock OFR to around 95% of Singapore’s GDP.  

Crypto and DeFi cannot circumvent Russia financial sanctions: MAS

The regulator said appropriate measures will be taken for FIs who will breach these sanctions.