mas
FCA and MAS Collaboration on AI Begins Amid Growing Broker Integration
- Regulators in the UK and Singapore to Jointly Test AI Tools and Share Insights.
- Brokers increasingly use AI for investor tools; Interactive Brokers, TradeStation, CMC Markets adopt new solutions.
Wednesday, 12/11/2025 | 10:15 GMT by
Tareq Sikder
Singapore Blocks “Money Mules” From Banking After Victims Lost $456M in H1 2025
- Four local government agencies team up to block money transfers and mobile subscriptions.
- Nearly 15% of phone subscribers caught helping scammers are repeat offenders.
- In the first half of this year, investment scams caused the highest average losses at almost $54K per victim.
Wednesday, 17/09/2025 | 08:41 GMT by
Damian Chmiel
Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines
- The directive targets a perceived regulatory loophole that previously allowed crypto firms to serve foreign clients while bypassing Singapore’s oversight.
- MAS has rejected industry calls for leniency or phased implementation, reiterating its readiness to take enforcement action without exception.
Monday, 23/06/2025 | 21:04 GMT by
Jared Kirui
Regulatory Shifts Reshape Trade Reporting: Liquidity Provider Agreements Require Changes
- New rules under EMIR Refit, ASIC, and MAS Rewrite require firms to align data, automate UTI sharing, and renew LEIs.
- Firms must update agreements with liquidity providers to meet stricter trade reporting rules.
Thursday, 06/03/2025 | 09:13 GMT by
Quinn Perrott
Gemini Gains In-Principle Approval from MAS for Cross-Border and Crypto Payment
- Singapore remains central to APAC operations as the firm works towards full MPI licensing.
- Earlier this year, Gemini obtained approval from the regulator to launch its services in France.
Tuesday, 29/10/2024 | 11:43 GMT by
Tareq Sikder
BitGo Bags Major Payment Institution Licence from Singapore's MAS
- The new licence expands regulated digital payment token services and custody solutions across Asia.
- The firm can offer regulated digital payment token services and secure custody solutions in a Class III vault.
Thursday, 08/08/2024 | 05:46 GMT by
Tareq Sikder
The New Battlefield in Banking: Defending Against Phishing Scams
- The MAS takes a proactive stance in cybersecurity.
Tuesday, 09/07/2024 | 15:26 GMT by
Pedro Ferreira
Singapore Grants Paxos Full Approval to Issue Stablecoins
- This approval allows Paxos to issue stablecoins under the upcoming stablecoin regulatory framework in Singapore.
- The blockchain technology firm is also authorized to issue stablecoins in the US and the UAE.
Monday, 01/07/2024 | 18:15 GMT by
Jared Kirui
Doo Financial's Subsidiary DCM Secures CMS License from MAS
- The firm can now deal in capital market products, offer financing, and provide custodial services.
- It also holds a license for providing financial advisory services, including analysis/report issuance.
Friday, 22/03/2024 | 13:10 GMT by
Tareq Sikder
MAS Greenlights BitGo Singapore with In-Principle Approval for Key License
- With the full license, the firm will enable the trading of digital assets using its insured cold storage solution.
- The firm recently obtained a German crypto custody license from BaFin.
Wednesday, 10/01/2024 | 09:40 GMT by
Tareq Sikder
MAS Launches Live Pilot for Wholesale CBDC in Singapore Dollars
- The organization partners with local banks to explore CBDC for domestic payment settlements.
- It has launched five new industry pilots as part of its financial infrastructure test program, named Project Guardian.
Friday, 17/11/2023 | 10:22 GMT by
Tareq Sikder
Citi and MAS Join Forces for Blockchain-Powered FX Trading Application
- The pilot phase has highlighted its potential for application across various fiat currency pairs.
- It encrypts trade data cryptographically, aligning with regulations, and restricts access to involved counterparties.
Wednesday, 15/11/2023 | 12:58 GMT by
Tareq Sikder
News Nuggets | 30 October: HSBC's $3B Share Buyback; Railsr $24M Funding Round
- Also, Laser Digital and Nomura debuted in The Sandbox metaverse; MAS partnered for digital assets innovation.
- Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Monday, 30/10/2023 | 10:37 GMT by
Finance Magnates Staff
Singapore's MAS Comes Out Swinging with $20M in Fines for Financial Misconduct
- MAS has released its 4th Enforcement Report, highlighting a stricter approach to financial misconduct.
- The report unveils a focus on regulating digital assets in the coming years.
Tuesday, 19/09/2023 | 09:26 GMT by
Damian Chmiel
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