Monetary Authority of Singapore
Singapore: Yes to wholesale, skeptical on retail digital fiat money
SG’s regulator remains iffy on cryptocurrencies—or, in MD Menon’s words, crypto tokens.
Singapore: Yes to wholesale, skeptical on retail digital fiat money
SG’s regulator remains iffy on cryptocurrencies—or, in MD Menon’s words, crypto tokens.
MAS proposes four ways financial services can keep their data secure
MAS is paying close attention to rising cases of ransomware and cybersecurity attacks.
Raffles Education board responds to investigation, Oei allegations
MAS and CAD lead the investigation.
Banking on trust – addressing the triple threat of ransomware, regulatory compliance, and consumer confidence
The recent ransomware attack on an insurance company in Singapore has underscored the cyber threats confronting financial institutions.
SGD NEER likely to be supported in MAS’ MPS - HSBC
The policy is expected to normalize in April 2022.
Singapore, Malaysia to link real-time payment systems PayNow, DuitNow
Remittances between the two countries reached S$1.3b in 2020.
Singapore, India to link PayNow, UPI payment systems by mid-2022
Fund transfers from India to Singapore will only need mobile phone numbers.
MAS: Green finance needs to scale up
MAS Managing Director Ravi Menon talked about the missing components in making green finance work effectively.
MAS forms sustainability group to drive green finance agenda
Former chief sustainability officer of Thai Union Group is the head of MAS' new group.
Daily briefing: SEA may lose $28t for climate change inaction; Singapore asks Binance to stop operations
And 755 travellers get vaccinated travel passes.
Singapore joins multi-central-bank project to test CBDC use for international settlements
The BIS Innovation Hub’s Singapore centre will lead the project.
MAS reveals 15 Global CBDC Challenge finalists
They will present their innovations at the Demo Day during the Singapore FinTech Festival in November.
Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses
It will take place from 8 to 12 November as a hybrid event.
Daily briefing: Grab’s sales up 39% to $507m in Q1; MAS allows crypto exchange Independent Reserve to operate 'in principle'
And Fintech firm FinAccel’s Kredivo to launch IPO in US.
MAS, BIS publish proposal on global retail payments network connectivity
Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring
The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.
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