Tag: Monetary Authority of Singapore

Singapore’s single family offices to face strengthened AML controls

The MAS has initiated a consultation on a framework to bolster the surveillance and defence against ML risks in Singapore's SFO sector.

UK and Singapore boost collaboration in sustainable finance and FinTech initiatives

At the recent 8th UK-Singapore Financial Dialogue held in London, the United Kingdom and Singapore underscored their commitment towards enhancing collaborative efforts.

Singapore’s MAS launches Veritas Toolkit 2.0 for responsible AI in FinTech

Singapore's MAS presented a cutting-edge, open-source tool for encouraging the ethical utilisation of AI within the financial sector.

Sunrate clinches $56.1tn from Prosperity7 in series D-1 funding to bolster...

Sunrate, described as an intelligent global payment and treasury management platform, has proudly announced securing a significant investment from Prosperity7 Ventures. The growth fund, operating under Aramco Ventures, took the lead in Sunrate's latest D-1 funding round.

Asia-Pacific defies global FinTech funding decline: How it stands out in...

There has been a global trend within FinTech over the past year – a drop in total funding volume. However, Asia seems to be defying this trend.

MAS releases use case for AI combating greenwashing

The Monetary Authority of Singapore (MAS) has released the first use case of its NovA!, which aims to combat greenwashing.

Monetary Authority of Singapore launches project to see economic potential of...

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a collaborative initiative with the financial industry aimed at exploring the economic potential and value-add of asset tokenisation.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

MAS director bullish about Asia’s economic recovery past Covid-19

The Monetary Authority of Singapore's deputy managing director is confident in Asian markets' ability to recover past the pandemic, but warns that there are still challenges ahead.

Singapore authorities launch new infrastructure for improved financial management for...

While open banking is still to be fully realised in Europe and the US, Singaporean authorities have joined forced to launch a digital infrastructure that offers something similar.

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