Tag: Monetary Authority of Singapore

Financial crime regulation in Southeast Asia and Australia is becoming stricter, with regulators introducing clearer frameworks and stronger enforcement. Authorities are responding to threats...

Centralised oversight of anti-money laundering (AML) and counter-terrorism financing (CTF) is gaining traction as governments look to combat increasingly complex, cross-border financial crimes. According to...

In a landmark move for the financial sector, DBS, OCBC and UOB have collaborated, with backing from the Monetary Authority of Singapore (MAS), to...

The Monetary Authority of Singapore (MAS) is introducing key updates to its AML/CFT framework, effective 30 June 2025. These changes will impact a wide range of financial institutions and VCCs, including banks, insurers, trust companies, and digital asset providers.

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.

In a significant move set for October 2024, the MAS will implement changes to the over-the-counter (OTC) derivatives reporting requirements.

In financial crime compliance, regulators have set expectations for financial institutions to conduct thorough assessments of name screening alerts.

Key Singaporean FinTech seed investment stats in 2023: • Singaporean FinTech seed funding totalled at $191m in 2023, a 49% drop from 2022 • Singaporean FinTech...

Key Singaporean FinTech investment stats in 2023: • Singaporean FinTech deal activity totalled at 135 transactions in 2023, a 42% reduction from 2022 • Singaporean FinTech...

Key Swiss FinTech investment stats in 2023: • Swiss FinTech companies raised a combined $451m in 2023, a 62% drop YoY • Swiss FinTech deal activity...