MAS Approves 4 Applications of Digital Bank License in Singapore The regulatory authority approved applications of Ant Group, Grab, Sea Limited and Greenland Consortium.
MAS Takes Strict Actions against Financial Misconduct and Money Laundering The regulator imposed heavy civil and money-laundering related penalties from January 2019 to June 2020.
JPMorgan to Roll Out Singapore FX Trading & Pricing Engine The move further boosts Singapore's position as the top Asia-Pacific FX trading center
MAS Exec: Risk is Guiding Our Crypto Regulations Damien Pang said that, instead of making heavy-handed rules, regulators need to mitigate specific risks posed by digital assets
MAS Mulling Digital-Only Banking License for FinTech Companies Currently only licensed financial firms can offer a digital-only service for customers in Singapore
MAS and Bank of Canada Complete Blockchain Payments Test The two central banks said there may be problems in scaling the system that they used
MAS to Focus on Helping Brokers Detect Customer Market Abuse The regulator plans to do this by helping firms strengthen their internal controls.
Singapore Includes Cryptocurrency in New Payments Regulations The new Payment Services Bill aims to foster innovation and reduce risk in the payment cycle.
MAS and Partners Develop DvP Settlement for Tokenized Assets The Singaporean entities began the collaboration in August with Anquan, Deloitte, and Nasdaq.
Singapore Watchdog Wants Resolution Between Banks and Blockchain However, the Monetary Authority of Singapore does not intend to offer licences to blockchain businesses.
Singapore’s MAS Slaps 12-Year Ban on Former Fund Manager The ban follows a court case which saw Lee fined and sentenced to prison.
MAS Signs FinTech Partnership Agreement with Dubai Regulator The two regulatory bodies will share information and pursue joint research projects.
Singaporean, South Korean Regulators Enter into Fintech Agreement The cooperation will make it easier for respective fintech ventures to expand into each other's market.
MAS to Develop Guidance on AI, Data Analytics Usage Are AI and data analytics the future or part the problem?
Monetary Authority of Singapore Issues Penalties over AML/CFT Breaches The MAS has penalized Standard Chartered Bank and Standard Chartered Trust, $3.95 million and $0.91 million, respectively.
Singapore Consortium Rolls Out New Software Prototype Powered by Blockchain MAS and ABS have collectively harnessed blockchain technology in a new software prototype for inter-bank payments.
MarketAxess Expands Asian Footprint with Regulatory Approval in Singapore MarketAxess has been approved as a Recognised Market Operator by the Monetary Authority of Singapore.
Singapore Looks to Regulate ICOs By Cracking Down on Digital Tokens MAS seeks to control flow of funds through the ICOs by classifying certain types of digital tokens as securities
Singapore Reveals Plans for Central Bank-Issued Cryptocurrencies Project Ubin could strongly affect how central banks process transaction amongst themselves.
Singapore Offers New Legal Framework for Robo-Advisory The MAS has released new potential guidelines for digital advice services.