Monetary Authority of Singapore

AI Risk & Governance

BoJ Expects Large IT Firms to Become Systemically Important

By Samuel Riding | 07/12/2017

Haruhiko Kuroda says global IT platform providers could pose systemic risk through holding vast amounts of data, adds to warnings on algo contagion.

Structural Regulation

ESMA to Bring 3rd-country CRAs, Trade Repositories Under EU Supervision

By Samuel Riding | 04/12/2017

ESMA executive director Verena Ross says more than 200 non-EU trading venues have asked for exemptions from MiFID II post-trade transparency, position limits.

Emerging Prudential Risks

MAS Warns of ‘Medium-term’ Cross-border Financial Stability Risks

By Editors | 04/12/2017

Annual report into stability of financial system says domestic and regional lending improving, no signs of credit market overheating.

Trading & Investment

BoJ Urges Asian Local Currency Debt Market Development

By Garima Chitkara | 30/11/2017

Haruhiko Kuroda says firms in Asia need to diversify their sources of funding to protect against market shocks as ASEAN initiatives increase.

Clearing & Post-Trade

SGX Revamping Securities Settlement Processes

By Editors | 30/11/2017

Exchange consultation proposes move to T+2 settlement, simultaneous securities, money settlement in bid to prevent systemic risk.

Structural Regulation

Singapore, Abu Dhabi to Cooperate on Banking Supervision, Markets, Fintech

By Editors | 27/11/2017

Middle Eastern regulator has already approved one Singapore firm to provide credit services; Singapore firm won Fintech challenge.

Cybersecurity

MAS MD Sets out Fintech Regulation Agenda

By Editors | 16/11/2017

Ravi Menon sets out raft of initiatives including new Payment Services Bill, technology risk management guidelines, machine readable forms.

Cybersecurity

Singapore Launches Cybercrime Centre

By Garima Chitkara | 16/11/2017

Centre is a collaboration between FS-ISAC and MAS; will provide internship training cybercrime fighters from Temasek Polytechnic.