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.
MAS records $7.4b loss in FY21/22
MAS records $7.4b loss in FY21/22
Lower investment gain was among the factors that led to the loss.
MAS 'not done yet' with policy tightening: analysts
Experts believe that the S$NEER slope will be raised to 2% in October.
MAS renews bilateral currency swap arrangement with People’s Bank of China
The arrangement will be renewed for five more years.
MAS tightens monetary policy for the fourth time in a row
Core inflation is expected to rise above 4% in the near term.
Top Excel director pays $70,000 fine for unlicensed money-changing businesses
He violated the Money-changing and Remittance Businesses Act.
MAS cuts down training scheme subsidies in the financial sector even further
However, the government agency still expects participation to remain robust.
MAS mulls additional consumer protection safeguards for crypto trading
Last January, MAS already restricted the marketing of crypto services.
Gov’t sees no recession in 2023: Tan
Authorities readied plans to combat high inflation.
MAS reprimands Three Arrows Capital over two violations
It provided false information to the MAS and exceeded the AUM threshold.
Investors prioritise other factors over a company's ESG scores
There are gaps in verifying environmental, social, and governance data.
Woman faces charges for unlicensed fund management business
If convicted, she will be fined up to $150,000 or detained for up to three years.
MAS likely to tighten monetary policy anew in October after record-high inflation in May: analysts
Experts expert MAS to steepen the S$NEER gradient to 2%.
DPM Heng cites ‘three double helices’ as tailwinds of global FinTech
Swiss-Singapore collaboration is amongst the double helixes.
SC-STS welcomes LCH’s clearing extension for OTC SORA derivatives
The central clearing was extended from 21 years to 31 years.
MAS unveils AI tool to help financial institutions curb greenwashing
The AI utility is part of the National Artificial Intelligence Programme in Finance.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Experts expect economy to grow 4.8% in Q2
The full-year growth forecast was lowered to 3.8% from 4%.
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data