Monetary Authority of Singapore

MAS slaps 12-year ban on ex-Manulife rep for cheating

Ong Ka Yong was sentenced to 47 months’ imprisonment on 4 September 2023.

MAS slaps 12-year ban on ex-Manulife rep for cheating

Ong Ka Yong was sentenced to 47 months’ imprisonment on 4 September 2023.

MAS policy holds steady for medium-term price stability

The central bank said its current policy settings remain "appropriate."

MAS eyes enhanced safeguards for elderly and non-english proficient financial clients

Authorities aim to implement enhancements no later than H2 2025.

MAS expands regulations for digital payment token service providers

It will impose requirements for anti-money laundering and user protection.

'Tighter' financial conditions to weigh on Singapore's lending market: MAS

Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.

Ex-CEO, directors of Envision Wealth Management charged by MAS

They allegedly committed offences against the Securities and Futures Act, amongst others.

Singapore’s monetary policy likely to normalise in April: analyst

Singapore’s central bank may reduce the S$NEER slope by 50 basis points

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

MAS unveils multi-sector transition taxonomy

This is the first taxonomy globally to pioneer the concept of a “transition” category.

MAS unveils responses for proposed regulation of DPT service providers

Regulations are expected to take effect in phases beginning mid-2024.

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

8 in 10 Singaporeans approve of proposed phishing scam accountability framework: poll

Over 4 in 5 says that financial institutions should be held most accountable for scams.

DBS prohibited from buying new businesses or closing branches for 6 months

MAS will review progress after six months and may choose to extend the measures. 

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).

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

MAS proposes fund management regulation shake-up with new framework

If approved, the existing RFMC regime will be repealed.