Tag: MAS
Singapore and China boost financial ties with new green finance initiatives
The MAS unveiled a series of green finance and capital markets initiatives aimed at bolstering financial cooperation with China.
Singapore scales up FinTech innovation with new global finance & technology...
The MAS has unveiled its latest strategic development in FinTech, the Global Finance & Technology Network (GFTN).
MAS launches new panel to boost technology and cyber resilience
The MAS has officially launched the Cyber and Technology Resilience Experts (CTREX) Panel, a pioneering initiative aimed at enhancing the operational resilience of the financial sector through advanced technology and cybersecurity measures.
MAS forges new paths in quantum security with leading banks
The MAS has partnered with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral to advance quantum security measures in the financial sector.
Singapore banks enhance security to fend off phishing threats
In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.
Singapore strengthens anti-money laundering measures amid evolving threats
Singapore has announced findings of its updated ML NRA, which reflects its commitment to fortifying its AML framework in response to global risks.
New partnership between BIS and MAS targets climate risks in finance
The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.
Singapore addresses environmental crimes money laundering risk
Singapore has released its Environmental Crimes ML National Risk Assessment (NRA), detailing its exposure to environmental crimes.
Combined Singaporean banking app downloads increase 37% in 2023 YoY
Singaporean banking apps have seen a continued increase in downloads with 3.6m downloads in 2023, a 37% increase from 2022. Incumbents recorded the majority...
Singaporean Blockchain & Digital asset companies raise almost half of FinTech...
Key Singaporean FinTech seed investment stats in 2023:
• Singaporean FinTech seed funding totalled at $191m in 2023, a 49% drop from 2022
• Singaporean FinTech...