Tag: Monetary Authority of Singapore
Singapore introduces new payment regulation
The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.
21 companies apply for digital bank license in Singapore
The Monetary Authority of Singapore (MAS) has received 21 applications for digital bank licenses, as the regulator now beings its task of whittling it down to five.
Eight Canadian regulators sign cooperation agreement with Singapore
The Monetary Authority of Singapore (MAS) and eight members of the Canadian Securities Administrators (CSA) have formed a cooperation agreement.
Monetary Authority of Singapore creates framework to support AI and data...
The Monetary Authority of Singapore (MAS) is working with financial industry partners to establish a framework for financial institutions to promote the adoption of AI and data analytics.
The Monetary Authority of Singapore has banned four financial professionals after...
Singapore’s authorities have prohibited three insurance agents and one banker from conducting any industry business.
Singapore authorities launch FinTech compliance programme
The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have announced plans to boost compliance among the country’s FinTech firms.
Singapore’s central bank is targeting onshore shell companies involved in money...
The Monetary Authority of Singapore has announced it has closed several onshore shell companies’ accounts in the last 12 months in an effort to tackle money laundering.
Singapore’s cybersecurity rules just got stricter for the financial sector
The Monetary Authority of Singapore has taken steps to raise the standard of the country’s financial sector’s digital defences.
The Monetary Authority of Singapore unveils new sandbox option to boost...
Singapore’s financial regulator has launched a new initiative to provide FinTech innovators with a faster way to test their ideas. But it won’t be open to everyone.
Monetary Authority of Singapore to issue five new digital bank licenses
The Monetary Authority of Singapore (MAS) is looking to issue five new digital bank licenses, furthering its goal of adding more digital banks to the country.