Monetary Authority of Singapore - News, Articles & Research

Company announcement/startups

MAS selectes 20 finalists for 2019 Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the Global FinTech Hackcelerator.

08 November 2019

Company announcement

BondEvalue to test blockchain-based fractional bond trading platform in MAS sandbox

Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange.

04 November 2019

Company announcement

Mastercard joins Asean Financial Innovation Network

ASEAN Financial Innovation Network (AFIN) is delighted to welcome Mastercard as a corporate founding member to promote the broader adoption of financial technology innovations within Asia.

17 October 2019

News

MAS: IT supply chains are weak link in bank cyber defences

The Monetary Authority of Singapore has identified IT supply chains as a critical weakness in the cyber defences of major banks.

30 September 2019

Company announcement/regulation

MAS bids to help payments firms access legal services

The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have launched a new Payments Regulatory Evaluation Programme (PREP) to help connect the payments industry with legal service providers.

06 September 2019

Company announcement

JP Morgan preps electronic FX trading and pricing engine in Singapore

J.P. Morgan announced today that it will establish an electronic FX trading and pricing engine in Singapore, with support from the Monetary Authority of Singapore (MAS), designed to speed up trade executions for clients.

29 August 2019

News

Singapore to accept first digital bank applications

Two months after announcing plans to issue digital banking licences, the Monetary Authority of Singapore (MAS) is set to accept the first applications.

29 August 2019

Company announcement/security

Banks in Singapore set one year deadline to comply with new cyber security rules

The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector.

07 August 2019

News

MAS introduces 'Sandbox Express'

The Monetary Authority of Singapore has launched 'Sandbox Express', designed to relieve users experimenting with low risk applications of the cumbersome application and approval process demanded under its existing approach.

07 August 2019

Company announcement/regulation

Singapore and Kenya strike fintech co-operation pact

The Monetary Authority of Singapore (MAS) and the Central Bank of Kenya (CBK) have inked a FinTech Cooperation Agreement to support digital infrastructure development in Kenya.

17 July 2019

Company announcement/regulation

MAS replies to Parliamentary question on regulation of Facebook's Libra

Miss Cheryl Chan Wei Ling, MP, Fengshan SMC. Question: To ask the Minister for Finance in light of Facebook's plans to introduce the Libra cryptocurrency, whether the Ministry will consider introducing regulatory changes to manage a potential shake-up in the banking system and to protect the public from the perspectives of market competitiveness and data privacy.

09 July 2019

News/regulation

Singapore to issue digital bank licences

The Monetary Authority of Singapore (MAS) plans to issue up to five new digital bank licences as it seeks to open up the island's market to non-bank players.

28 June 2019