Tag: Monetary Authority of Singapore (MAS)
Singaporean FinTech deal activity halves in 2023 despite MAS efforts
Key Singaporean FinTech investment stats in 2023:
• Singaporean FinTech deal activity totalled at 135 deals in 2023, a 42% reduction from 2022
• Singaporean FinTech...
Indonesia and Singapore to introduce cross-border QR code payments
The central banks of Indonesia and Singapore are set to introduce the use of QR codes for cross-border payments between the nations.
Managing third-party risks: A comprehensive guide for financial institutions
Flagright recently detailed how financial industry companies can manage third-party risks in compliance solutions.
Monetary Authority of Singapore launches FinTech Hackcelerator
The Monetary Authority of Singapore (MAS) has launched its seventh edition of the Global FinTech Hackcelerator.
MAS links with CDP to bolster access to quality ESG data
The Monetary Authority of Singapore (MAS) has signed a memorandum of understanding with non-profit CDP to promote sustainability disclosures access to quality ESG data.
MAS proposes extended regulatory clout over financial services in new bill
The Monetary Authority of Singapore (MAS) may gather more regulatory powers over Singapore’s financial services sector with the introduction of a new Bill this week.
MAS unveils assessment methodologies for responsible AI use in financial services
The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.
Singapore introduces measures to strengthen digital banking security
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are to introduce a set of measures to improve digital banking security.
Singapore unveils national program to deepen AI capabilities in finance
The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.
Singapore looks to boost sustainable financing with new green bonds office
The Finance Minister of Singapore Lawrence Wong has revealed the country will establish a new office to help bolster sustainable financing and investments in the country.