Monetary Authority of Singapore
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
1 in 3 private home mortgages under a floating rate: MAS
For HDBs, that’s just 1 in 5 loans extended by financial institutions.
MAS likely to further tighten policy in April after “less aggressive” Oct tightening: analysts
This marks the fourth time in 2022 that MAS tightened its policy.
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
MAS, IFSCA sign MOU to strengthen supervisory cooperation of financial services
The MOU was signed in the presence of India’s prime minister Narendra Modi.
MAS’s framework for loss-sharing for bank scam victims “taking longer than expected”
Singapore’s financial regulator expects to publish the draft framework in the coming months.
MAS conducts cyber crisis management exercise with French central bank
The exercise evaluated the effectiveness of cyber crisis coordination.
MAS unveils new measures against digital banking scams
Default transaction limit for online fund transfers must be set to S$5,000 or lower.
Singapore wholesale digital-only bank Green Link Digital Bank debuts
The wholesale bank targets micro, small, and medium enterprises.
MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco
The review found deficiencies in the bank’s risk mitigation and incident management.
MAS committee lists 3 recommendations on adjustment spreads for Legacy SOR contracts
The recommendation covers SOR contras that remain outstanding after 31 December 2024.
Market participants expect MAS to recenter upwards sans slope increase
They also expect possible additional tightening of the policy band.
MAS, BIS develop prototype supervisory analytics platform
Project Ellipse aims to identify potential risks to individual banks and the banking system.
SG and China firms strengthen digital carbon trading bond
MGVX and Greenland Financial Technology take the first step towards an international network.
MAS, CDP promote access to quality ESG data
Their MOU aims to improve MAS' Project Greenprint.
GDP forecast to grow by 3.0% in 2023: survey
Meanwhile, the 2022 GDP forecast remains at 4.0%.
Commentary
It’s high time for property developers to implement effective anti-money laundering requirements
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