Monetary Authority of Singapore
Cambodia joins ASEAN RPC initiative to boost payment links
Cambodia joins ASEAN RPC initiative to boost payment links
RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.
Foreign exchange and money markets functioning normally: MAS
The central bank said that it is ready to curb “excessive volatility” in the SGD.
Aspire secures capital markets service license in Singapore
It will launch its investment solution Aspire Yield soon.
BC Payments clinches in-principle approval for MPI license in Singapore
The company plans to double its Singapore headcount over the next year.
Straits Millennium obtains IPA for SG major payment institution licence
The company will offer digital payment token services in Singapore.
Singapore to unveil ‘expansionary’ budget: analysts
It is expected to shift to a fiscal deficit of 0.3% of its GDP.
XTransfer granted MPI license in Singapore
XTransfer will launch its payments solutions soon.
SG insurers see growth in new business premiums and asset holdings
However, higher interest rates could constrain new business growth and increase policy redemptions.
MAS says households must exercise financial prudence amidst uncertainties
Household risks remain contained with strong buffers, but resilience is crucial amidst geopolitical uncertainties.
Singapore banks well-positioned to manage challenges: MAS
The banking system has strong capital and liquidity buffers, the central bank said.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
MAS fines Atrium Asia Investment $1.9M for AML/CFT compliance breaches
It breached the requirements from June 2015 to October 2020.
BIS, central banks embed regulatory compliance in cross-border payments
Project Mandala has now reached proof of concept stage.
MAS, ABS hold exercise to bolster finance sector's operational resilience
Participants simulated various scenarios like cyberattacks to test their response capabilities.
Singapore amends insurance bill post-Allianz deal
Key concern raised by the MCCY is the terms and structure of the deal.
ANZ joins Singapore’s Project Guardian
The bank will explore blockchain interoperability to exchange tokenised real-world assets.
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