Tag: Monetary Authority of Singapore (MAS)

MAS to launch digital platform to help FIs fight money laundering

The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.

Singapore and Malaysia foster financial synergies with payments linkage

Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.

MAS reveals plans to launch new banking data-sharing platform

The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.

MAS launches a green finance taskforce to double down on sustainability...

A green finance task force convened by the Monetary Authority of Singapore (MAS) has issued a slew of initiatives for financial institutions to enhance climate-related disclosures and green capabilities.

MAS eases concerns about transactions from Myanmar

Singapore's top financial watchdog has responded to concerns following the military coup in Myanmar.

Revealing the four new digital banks allowed to operate in Singapore

After a year waiting, Singapore's central bank has finally revealed which four companies will be allowed to open digital banks in the country.

More FinTechs allowed to tap into Singapore’s banking system from February

Singapore's central bank has announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021.

MAS announces new efforts to ensure job retention and development in...

Singapore's central bank has announced new measures to support workers in the financial sector.

Singapore regulator to support RegTech with $26m grant

Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.

MAS urges finance companies to moderate dividends for the financial year

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

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