MAS defers digital bank licence review to H2 2020

It had earlier planned to announce the successful applicants in June.

The Monetary Authority of Singapore (MAS) is extending the assessment period for the issuing of digital bank licences to H2 2020, according to a news release.

The regulator had earlier planned to announce the successful applicants in June.

The extension will allow the regulator to allocate resources to ensure monetary and financial stability, and will also grant applicants time to manage the impact of the pandemic.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.