Monetary Authority of Singapore
FTX-tied assets of Singapore users not protected by MAS: statement
FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.
FTX-tied assets of Singapore users not protected by MAS: statement
FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
1 in 3 private home mortgages under a floating rate: MAS
For HDBs, that’s just 1 in 5 loans extended by financial institutions.
Singapore unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
MAS names Gillian Tan as new chief sustainability officer
Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives
MAS, IFSCA sign MOU to strengthen supervisory cooperation of financial services
The MOU was signed in the presence of India’s prime minister Narendra Modi.
MAS’s framework for loss-sharing for bank scam victims “taking longer than expected”
Singapore’s financial regulator expects to publish the draft framework in the coming months.
MAS unveils new measures against digital banking scams
Default transaction limit for online fund transfers must be set to S$5,000 or lower.
Singapore wholesale digital-only bank Green Link Digital Bank debuts
The wholesale bank targets micro, small, and medium enterprises.
MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco
The review found deficiencies in the bank’s risk mitigation and incident management.
MAS, BIS develop prototype supervisory analytics platform
Project Ellipse aims to identify potential risks to individual banks and the banking system.
Singapore’s financial institutions on the lookout for risks arising from Russia
Local FIs are reportedly taking appropriate measures to manage risks, says MAS.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
MAS clarifies coverage for loss arising from scams
OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.
Singapore launches new measures to bolster digital banking security
Banks are asked to remove links in emails and SMS sent to customers.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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