Tag: MAS

MAS to examine buy now pay later schemes for stricter regulation...

Amidst the popularity of buy now, pay later (BNPL) solutions, the Monetary Authority of Singapore (MAS) has raised growing concerns over consumers drowning in unseen debt.

MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

A Monetary Authority of Singapore panel calls for financial institutions to...

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) has stressed that financial institutions need to review their security controls.

Monetary Authority of Singapore seeks advice on proposed changes to identity...

The Monetary Authority of Singapore (MAS) is seeking comments on the types of information required for non-face-to-face verification of an individual’s identity.

Singapore regulator to support RegTech with $26m grant

Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.

How Vizor turned to RegTech after 20 years in business

After almost two decades of helping regulators with their data woes, Vizor is now also supporting financial institutions with its new RegTech offerings.

The Monetary Authority of Singapore reveals SGD 125m package to support...

The Monetary Authority of Singapore (MAS) has revealed a SGD $125m ($87m) support package which will support the financial services and FinTech sectors during the coronavirus pandemic.

Monetary Authority of Singapore creates SGD $250m to back FinTech startups

The Monetary Authority of Singapore (MAS) has established a SGD $250m ($182m) in a fund targeting the FinTech space.

MAS boss warns against countries closing themselves off in the Covid-19...

As the Covid-19 pandemic risks intensifying the move away from globalisation and towards isolationism, the managing director of the Monetary Authority of Singapore (MAS) urged for more connectivity, not less.

The Monetary Authority of Singapore encourages people to use digital banking...

The Monetary Authority of Singapore (MAS) has urged individuals and businesses to use digital financial services and e-payments to help curb the spread of the coronavirus.

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