MONETARY AUTHORITY OF SINGAPORE

    image

    ESG / Sustainability

    Singapore to Raise $5b for Blended Finance Initiative: MAS

    By Nithya Subramanian | 19/04/2024

    MAS Managing Director Chia Der Jiun said blended finance will be a primary vehicle to de-risk climate transition projects.

    image

    ESG / Sustainability

    MAS Unveils 3yr Plan to Upskill Sustainable Finance Workforce

    By Nithya Subramanian | 18/04/2024

    MAS is setting aside S$35mn to support upskilling and reskilling and develop specialists in sustainable finance over the next three years.

    image

    AML / KYC

    Singapore Banks Averted S$72.7m in Scam Losses in 2023: ABS

    By Nithya Subramanian | 17/04/2024

    The ABS has also launched a mascot design competition to encourage wider participation in the ongoing fight against scams.

    image

    Fintech / Regtech

    AI Deepfakes: An Insidious Threat and Real Challenge for FIs

    By Nithya Subramanian | 11/04/2024

    As regulators in Asia-Pacific take a range of approaches to tackle deepfakes, the evolving nature of this threat requires continuous vigilance and proactive measures from FIs.

    image

    MAS, Mastercard Agree to Cooperate on Cybersecurity

    By Editors | 10/04/2024

    The MoU covers intelligence sharing and joint analysis of cyber threats impacting financial services as well as competency-building activities.

    image

    Fintech / Regtech

    MAS Grants Major Payment Institution Licence to TerraPay

    By Nithya Subramanian | 08/04/2024

    The licence enables TerraPay to offer account issuance, money transfer, merchant acquisition, and e-money issuance services.

    image

    Crypto / Digital Assets

    MAS Grants MPI License to Crypto Market Maker GSR

    By Nithya Subramanian | 05/04/2024

    The new licence enables GSR Markets to offer marketing making and over-the-counter trading services in Singapore.

    image

    Singapore to Implement Vulnerable Customer Safeguards in H2 2025

    By Nithya Subramanian | 03/04/2024

    Lawrence Wong said MAS aims to issue revised standards by Q4 2024, for implementation by the industry no later than H2 2025.

    image

    AML / KYC

    New Requirements Commencing for Crypto Firms in Singapore

    By Manesh Samtani | 02/04/2024

    The amendments take effect in stages from 4 April 2024, with transitional arrangements for firms currently conducting activities under the expanded scope of the Payment Services Act.

    image

    Fintech / Regtech

    Five BNPL Providers to Become Accredited in Singapore

    By Nithya Subramanian | 02/04/2024

    The five providers are being awarded a Trustmark that will signify their accreditation and compliance with the BNPL Code of Conduct.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team