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.
SPF, MAS to work with PRC on the unfreezing of monies transferred via remittances
SPF, MAS to work with PRC on the unfreezing of monies transferred via remittances
As of 15 December 2023, SPF has received over 670 reports of remittances being frozen.
Economists cut 2024 growth forecast for Singapore
They expect GDP to expand by 2.3% in 2024, down from the previous estimate of 2.5%.
MAS seeks feedback on the proposed Policy Owners' Protection Scheme enhancement
The central bank plans to enhance the scheme’s coverage amongst others.
MAS launches code of conduct for ESG rating and data product providers
It also published a checklist for providers to self-attest their compliance with the code.
MAS coalition to pilot use of transition credits for early retirement of coal plants
Close to 30 members support the coalition.
MAS releases commemorative Lee Kuan Yew coins for walk-in exchange
Over 142 banks will be available for walk-in exchange.
Singapore, Malaysia enables real time cross-border payments
The payment system is accessible via mobile number or VPA.
MAS unveils 3 initiatives to ensure safe and innovative use of digital money
Amongst these initiatives is the expansion of digital money trials.
MAS, IFC, WEF ink MOU on digital financial inclusion
They will create guidelines for digital financial inclusion financing instruments.
UNDP, MAS and partners launch financing initiative for MSMEs
The initiative proposes a framework assessing MSMEs' financing worthiness.
MAS to roll out 2024 Year of the Dragon Chinese Almanac coins
The coins will have 10 variations.
MAS to review the need for new culture provision in corporate governance code
The central bank will tap SGX and the Corporate Governance Advisory Committee for the assessment.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
MAS partners with Japan, UK, and Switzerland for digital innovation
The MAS Project Guardian will carry out industry pilots for digital asset management.
Central bank's cyber security panel propose ways to fight AI risks and malware scams
Mobile banking and payments should have strengthened multi-factor authentication (MFA).
MAS to keep its policy unchanged in January 2024: experts
The prediction comes on the back of core inflation’s continued moderating trajectory.
Inflation edges up to 4.1% in September
MTI attributed the increase to a pickup in private transport inflation.
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