Monetary Authority of Singapore

Crypto / Digital Assets

MAS Completes First Live wCBDC Settlement on SGD Testnet

By Nithya Subramanian | 14/11/2025

The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.

Fintech / Regtech

UK, Singapore, Thailand to Jointly Test Synchronised FX Settlement

By Nithya Subramanian | 14/11/2025

The three central banks will trial atomic, real-time FX settlement using interoperable RTGS and DLT systems, aiming to strengthen cross-border payments infrastructure.

Crypto / Digital Assets

MAS to Trial Tokenised Bills, Expand AI Initiatives

By Nithya Subramanian | 14/11/2025

MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

Fintech / Regtech

MAS Consults on New AI Risk Management Guidelines for FIs

By Nithya Subramanian | 14/11/2025

MAS proposes that FIs must maintain full AI inventories, conduct risk-materiality assessments and implement robust data, testing and monitoring controls across the AI life cycle.

Crypto / Digital Assets

Cybercrime Surges as AI-Powered Threats and Real-Time Scams Challenge Banks

By Nathan Lynch | 14/11/2025

AI-driven cyberattacks, real-time payment scams and “dynamic friction” were hot topics at this year’s Singapore Fintech Festival.

Fintech / Regtech

MAS, Singapore Police Warn of New Scam Using Doctored ID Cards

By Nithya Subramanian | 14/11/2025

The new scam tactic involves the use of digitally altered identity cards to open payment service accounts, which are then used to receive proceeds from scams.

Fintech / Regtech

MAS, FCA Forge AI-in-Finance Partnership to Drive Responsible Innovation

By Nithya Subramanian | 13/11/2025

Besides joint initiatives, the FCA will also establish first physical presence in Singapore, appointing a Financial Services Attaché at the British High Commission.

Crypto / Digital Assets

DBS, Franklin Templeton Launch Singapore’s First Tokenised Retail Fund

By Nithya Subramanian | 13/11/2025

The tokenised money market Fund utilises blockchain to lower entry thresholds and broaden investor access to high-quality assets.

Securities / Derivatives

Firms Adopting ISDA Digital Reporting Standard See Cost, Accuracy Benefits

By Manesh Samtani | 13/11/2025

A new ISDA report shows firms using the DRR standard for APAC and global rules achieve up to 50% cost savings and near-perfect reporting accuracy.