Monetary Authority of Singapore - News, Articles & Research

Company announcement

DTCC repository in Singapore to support equities and commodity trade reporting

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that it will be enhancing its Global Trade Repository[1] service (GTR) in support of the next phase of the Monetary Authority of Singapore’s (MAS) derivatives trade reporting requirements which are scheduled to take effect on 1 October 2018.

02 July 2018

News

FS-ISAC sets up global cyber forum for central banks and regulatory authorities

Central banks and regulators are to share information and intelligence on emerging cyber-threats through a new forum established under the aegis of the Financial Services Information Sharing and Analysis Center (FS-ISAC).

11 June 2018

Company announcement

Singapore and India establish fintech working group

The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) yesterday (June 1) signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG).

04 June 2018

Company announcement

MAS takes action against token issuers

The Monetary Authority of Singapore (MAS) has warned eight digital token exchanges in Singapore not to facilitate trading in digital tokens that are securities or futures contracts without MAS’ authorisation.

25 May 2018

Company announcement

XTX to set up FX trading engine in Singapore

As part of its expansion in the Asian FX markets, XTX Markets’ Singapore entity (XTX Markets Pte. Ltd. (XTX)) is building a new electronic foreign exchange (eFX) pricing and trading engine which will go live in Equinix’s Singapore SG1 data centre in June 2018.

24 May 2018

Company announcement

Finda Systems to test facial recognition tech under MAS PoC scheme

Finda System (Asia) Pte Ltd (Finda), a fintech company offering Know-Your-Customer (KYC) solutions to the banking sector, today announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept (POC) Scheme.

23 May 2018

Company announcement

AMBD and MAS ink fintech deal

The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore.

14 May 2018

News

MAS looks to strengthen Singapore's AI ecosystem

The Monetary Authority of Singapore is stepping up its efforts to accelerate the adoption of artificial intelligence in the financial services sector, teaming up with a trio of organisations to foster a "thriving AI ecosystem".

07 May 2018

Company announcement

Singapore to move to central clearing for OTC derivatives

The Monetary Authority of Singapore (MAS) will introduce regulations to require over-the-counter (OTC) derivatives to be cleared on central counterparties (CCPs), with effect from 1 October 2018.

03 May 2018

News

Singapore to fast track fintech patent processing

Singapore's Intellectual Property Office is to speed up the time taken to patent new fintech inventions in an effort to help startups bring their applications to the market more rapidly.

27 April 2018

Company announcement

Singapore and Vietnam sign fintech innovation pact

The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have agreed today to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision.

25 April 2018

News

Singapore's MAS preps guidelines for ethical use of AI and data analytics

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

04 April 2018