Monetary Authority of Singapore - News, Articles & Research

Company announcement/regulation

MAS halts Securities Token Offering for regulatory breach

The Monetary Authority of Singapore (MAS) has warned an initial coin offering (ICO) issuer not to proceed with its securities token offering in Singapore until it can fully comply with regulatory requirements under the Securities and Futures Act (SFA).

24 January 2019

Company announcement/security

Singapore's MAS launches S$30m cybersecurity capabilities grant

The Monetary Authority of Singapore (MAS) today announced the launch of a new S$30 million Cybersecurity Capabilities Grant to strengthen the cyber resilience of the financial sector in Singapore and help financial institutions develop local talent in cybersecurity.

03 December 2018

Company announcement/regulation

MAS finalises payment services regulatory framework

The Monetary Authority of Singapore (MAS) has finalised the new regulatory framework for payment services in Singapore.

19 November 2018

News/payments

Singapore Fintech Fest showcases innovations in payments

The Singapore Fintech Festival yesterday played host to a quartet of distinct cross-border and digital currency payment initiatives, drawing in United Overseas bank, Grab, Ripple and the country's central bank.

15 November 2018

News/regulation

Monetary Authority of Singapore proposes fast-track 'Sandbox Express'

The Monetary Authority of Singapore is consulting on the creation of a 'Sandbox Express', to relieve users experimenting with low risk solutions of the cumbersome application and approval process demanded under its existing approach.

14 November 2018

News

MAS and SGX apply blockchain tech for settlement of tokenised assets

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) claim to have successfully developed Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.

12 November 2018

Company announcement/startups

Singapore FinTech Festival attracts US$12 billion of capital for Asean enterprises

The Monetary Authority of Singapore (MAS) announced today that 380 participating investors who enrolled for the Singapore FinTech Festival’s deal-making platform, MATCH, have indicated intentions to invest up to a total of US$6.2 billion in ASEAN enterprises next year, and an additional US$6 billion earmarked over the subsequent two years.

22 October 2018

Company announcement/regulation

Indonesia and Singapore strengthen cooperation in fintech

The Monetary Authority of Singapore (MAS) and the Financial Services Authority of the Republic of Indonesia, Otoritas Jasa Keuangan (OJK) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech and foster innovation in financial services between Indonesia and Singapore.

12 October 2018

Company announcement

Sixty startups to showcase their wares at Singapore Fintech Festival

The Monetary Authority of Singapore (MAS) today announced the 60 finalists that will vie for the Global FinTech Hackcelerator and FinTech Awards at this year’s Singapore FinTech Festival.

08 October 2018

Company announcement/regulation

Singapore eases rules for robo-advisors

The Monetary Authority of Singapore (MAS) today issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.

08 October 2018

Company announcement/security

MAS cybersecurity panel advises on security measures for cloud and API adoption

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) provided insights and suggestions on how Singapore’s financial sector can harness the benefits of new technologies while remaining cyber resilient.

03 October 2018

News/inclusion

Afin creates fintech marketplace and sandbox to tackle financial inclusion

The Asean Financial Innovation Network (Afin) has launched API Exchange, a cross-border marketplace and sandbox for financial institutions and fintech firms to work together on financial inclusion projects.

01 October 2018