Tag: Monetary Authority of Singapore

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...

The Monetary Authority of Singapore (MAS) has recently unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore. These regulations are crucial in shaping the future of digital currencies in the country.

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS), the central banks of Malaysia and Singapore respectively, have joined forces to enhance...