Monetary Authority of Singapore
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
8 in 10 Singaporeans approve of proposed phishing scam accountability framework: poll
Over 4 in 5 says that financial institutions should be held most accountable for scams.
DBS prohibited from buying new businesses or closing branches for 6 months
MAS will review progress after six months and may choose to extend the measures.
Singapore proposes shared responsibility framework for phishing scams
Both financial institutions and telcos are held accountable for mitigating scams.
MAS proposes fund management regulation shake-up with new framework
If approved, the existing RFMC regime will be repealed.
Sygnum Singapore obtains major payments institution license
It can now operate its DPT brokerage service in Singapore.
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
MAS teams up with BIS, Swiss and France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
Singapore probing banks’ involvement in $1.75b money laundering scandal: report
MAS says it's "too early to tell" if FIs involved adhered to ML requirements or not.
MAS enforced over S$20m in penalties in past 18 months
Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
DPM Wong is the new chairman of MAS’ board of directors
Wong will survive beginning 8 July up to 31 May 2026.
MAS kicks off public consultation for code of conduct of ESG ratings, data products
The proposed code will establish minimum industry standards of transparency in methodologies and data sources.
Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
Majority of its on-demand liquidity transactions flow from Singapore, the company said.
MAS completes investigation on Citadelle; no further action taken
Citadelle did not breach the Trust Companies Act, according to MAS.
MAS suggests digital money standards through whitepaper
The paper includes technical specifications detailing the entire lifecycle of purpose bound money.
MAS to set expectations on credible transition planning
The guidance will cover FIs governance frameworks in managing climate-related financial risks.
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OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards
![OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards]()
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Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
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