Monetary Authority of Singapore - News, Articles & Research

BIS and Singapore central bank publish blueprint for global real-time payment connectivity

The Bank for International Settlements and the Monetary Authority of Singapore have published a blueprint for the multilateral linking of domestic real-time payement systems across borders.

28 July 2021

Company announcement/regulation

MAS lays out ground rules for ethical AI competition

The Monetary Authority of Singapore (MAS) today announced the launch of the inaugural Global Veritas Cahllenge

14 July 2021

News/crypto

Singapore and French central banks test cross-border CBDC exchange

The Monetary Authority of Singapore and the Banque de France are hailing the results of a cross-border digital currency simulation that could upend the current correspondent banking model, enabling banks to conduct overseas transactions across a single shared ledger.

13 July 2021

Company announcement/crypto

Monetary Authority of Singapore to host retail CBDC challenge

The Monetary Authority of Singapore (MAS) today announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions (Global CBDC Challenge).

28 June 2021

Company announcement/markets

Hg Exchange graduates from MAS regulatory sandbox

Hg Exchange (HGX), a private securities exchange formed by an alliance of leading capital market intermediaries, announced today its milestone graduation from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox with a Recognised Market Operator (RMO) license awarded by the MAS.

23 June 2021

Company announcement/inclusion

MAS joins Mojaloop Foundation

The Monetary Authority of Singapore (MAS) and the Mojaloop Foundation announced today that MAS is joining the Mojaloop Foundation as a Sponsor-level member to collaborate on providing the underserved access to affordable financial services through digital currency based settlement systems and foundational digital infrastructure.

26 May 2021

Company announcement/sustainable

Singapore central bank set up green finance industry taskforce

A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and fostering green solutions.

19 May 2021

Company announcement/sustainable

Monetary Authority of Singapore invites applications for green fintech accelerator

The Monetary Authority of Singapore (MAS) announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”.

06 May 2021

Company announcement/regulation

MAS commits $42 million to RegTech grant scheme

The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector.

30 April 2021

News/payments

Thailand and Singapore launch first linkage of domestic instant payment systems

Singapore and Thailand have linked their respective real-time payment systems, enabling instant transfer of consumer funds across borders.

29 April 2021

News/payments

DBS, Temasek and JPMorgan set up DLT-based payments joint venture

DBS, Temasek and JPMorgan have set up a joint venture company that will use distributed ledger technology to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment flow.

28 April 2021

Company announcement/regulation

Monetary Authority of Singapore issues guidance on remote working

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued today a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic.

02 March 2021