Monetary Authority of Singapore - News, Articles & Research

Indonesia and Singapore to connect national QR code standards

The central banks of Indonesia and Singapore have commenced work on a cross-border QR payment linkage between the two countries as part of a wider Asean-wide connectivity efffort.

31 August 2022

News/regulation

Singapore to tighten retail crypto trading rules

The Monetary Authority of Singapore could introduce "customer suitability tests" in an effort to discourage people from trading cryptocurrencies.

29 August 2022

News/sustainable

Google Cloud and MAS bid to catalyse climate fintech

The Monetary Authority of Singapore (MAS) and Google Cloud have launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate fintech in Asia.

26 July 2022

Company announcement/regulation

Sleek gets Singapore payment institution license

Sleek has been granted a Major Payment Institution License (“MPI”) issued by the Monetary Authority of Singapore (“MAS”), effective from 1 July 2022.

07 July 2022

Company announcement/sustainable

Monetary Authority of Singapore opens AI utility to combat greenwashing

The Monetary Authority of Singapore (MAS) announced today the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector.

21 June 2022

Company announcement/startups

MAS and SFA invite entries for 2022 FinTech Awards

The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2022 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards).

20 June 2022

News/startups

Ant launches Singapore digital bank

Chinese fintech giant Ant Group has launched its Singapore digital wholesale bank, Anext.

06 June 2022

Company announcement/regulation

MAS issues updated business continuity guidelines

The Monetary Authority of Singapore (MAS) today issued revised Guidelines on Business Continuity Management (BCM) for financial institutions (FIs), to help FIs strengthen their resilience against service disruptions arising from IT outages, pandemic outbreaks, cyber-attacks and physical threats.

06 June 2022

News/security

Singapore banks take further step to tackle digital scammers

Singapore's banks are stepping up their defences against scammers, rolling out a host of measures, including an emergency self-service kill switch for customers to suspend their accounts.

02 June 2022

Company announcement/devops

MAS launches 2022 global fintech 'Hackcelerator' on Web 3.0 and green finance

The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating A Greener Digital Future”.

31 May 2022

News/crypto

MAS to test DeFi applications in wholesale funding markets

The Monetary Authority of Singapore is collaborating with JPMorgan, DBS Bank and Marketnode to explore the use of digital assets in tokenization and DeFi.

31 May 2022

News/security

OCBC capital limits raised over flawed response to SMS phishing scams

The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of approximately S$330 million on OCBC Bank (OCBC), over deficiencies in the bank’s response to a wave of spoofed SMS phishing scams in December 2021.

27 May 2022