Monetary Authority of Singapore

Securities / Derivatives

MAS Consults on Changes to Financial Statement Requirements for CIS

By Nithya Subramanian | 16/08/2024

MAS has proposed allowing authorised schemes to adopt SFRS (I) instead of RAP 7, while retaining certain critical disclosures within the CIS Code.

Fintech / Regtech

MAS Partners with Banks and Tech Firms on Quantum Security

By Nithya Subramanian | 15/08/2024

MAS and participating banks will experiment with “Quantum Key Distribution” solutions to address the cybersecurity threats posed by quantum computing.

Crypto / Digital Assets

DBS Pilots New Blockchain-Powered Treasury Management Platform

By Nithya Subramanian | 14/08/2024

DBS said Ant International will pilot the platform, reducing the time taken to settle cross-border intra-group transactions to seconds.

Securities / Derivatives

MAS Publishes Compliance Toolkits for LFMCs and VCF Managers

By Nithya Subramanian | 14/08/2024

The compliance toolkits offer fund managers guidance on approvals, notifications and other regulatory submissions.

Crypto / Digital Assets

MAS Grants MPI License to Crypto Custody Firm BitGo

By Nithya Subramanian | 14/08/2024

BitGo will be able to provide institutional clients with secure digital asset transactions through its insured cold storage custody platform.

Crypto / Digital Assets

The Path Forward: Making Tokenisation a Reality in Singapore

By Justin Christopher | 13/08/2024

Justin Christopher discusses the importance of robust collaboration between businesses and regulators, and aspects of DLT that are often overlooked.

Crypto / Digital Assets

Singapore Court Sentences Crypto CTO for Investment Scam

By Ranamita Chakraborty | 09/08/2024

Wang Xinghong developed a crypto mining app that allowed A&A Blockchain to input fake numbers to misrepresent investor returns.

MAS Pledges to Ensure Allianz-Income Deal Honours Existing Policies

By Nithya Subramanian | 07/08/2024

MAS will hold Income and Allianz accountable to their commitments to all policyholders and protect their interests, said Chee Hong Tat.

Crypto / Digital Assets

MAS Grants MPI License to HashKey’s OTC Trading Arm

By Ranamita Chakraborty | 06/08/2024

The licence authorises HashKey Technology Services to offer OTC trading services for digital payment tokens in Singapore.