Monetary Authority of Singapore

297 results about this entity

Period: 05 Aug 2010 - 18 Nov 2024

Singapore offers $20m grant for banks' AI and data projects

Singapore has stepped up its fintech ambitions with the offer of a S$27m ($19.91m) grant to promote the further use of artificial intelligence and data analytics in the financial services market.

Singapore central bank open sources blockchain prototypes

An industry consortium led by the Monetary Authority of Singapore (MAS) and the island's Association of Banks has released the source-codes of three successful distributed ledger prototypes for inter-bank payments, in an effort to encourage other financial institutions and central banks to experiment with the technology.

Singapore kicks off week-long fintech festival

Organised by the Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings, the second edition of the Singapore FinTech Festival kicked off today.

Singapore puts fintech innovation at heart of growth strategy

The Monetary Authority of Singapore (MAS) today released the industry transformation map (ITM) for financial services, which outlined growth strategies by business lines, programmes for upgrading skills, and an agenda for continuous innovation and technology adoption.

Hong Kong and Singapore joins forces on blockchain trade finance platform

Hong Kong and Singapore have dumped decades-old rivalry for trade flows in South East Asia and signed a fintech co-operation deal to foster the development of innovative financial technology across the region, beginning with a cross-border linkage of DLT-based trade finance platforms.

Singapore consortium claims breakthrough in DLT payments project

A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.

Monetary Authority of Singapore sets up international advisory panel for cybersecurity

The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world.

MAS warns consumers to exercise caution over digital token schemes

The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore.

BBVA joins Singapore-based trade finance platform

BBVA has recently joined the Singapore-based Capital and Credit Risk Manager (CCRM) platform as a full member bank.

Singapore establishes Payments Council

The Monetary Authority of Singapore (MAS) announced today that it will establish a Payments Council, comprising 20 leaders from banks, payment service providers, businesses, and trade associations.

Singapore follows SEC in ICO token regulation

The Monetary Authority of Singapore (MAS) clarified today that the offer or issue of digital tokens in Singapore will be regulated by MAS if the digital tokens constitute products regulated under the Securities and Futures Act (Cap. 289) (SFA).

Thailand and Singapore build fintech bridge

The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) and updated an existing Memorandum of Understanding (MOU) on Banking Supervision.