Search results for Monetary Authority Of Singapore

MAS and Singapore Banks Review GIRO Payment Limits and Monitoring Over Security Concerns

The Monetary Authority of Singapore (MAS) is working with the Association of Banks in Singapore and member banks to strengthen safeguards for GIRO transactions. Alvin Tan, Minister...

Former KPMG Singapore Managing Partner Ong Pang Thye Joins MAS Board

Former KPMG Singapore Managing Partner Ong Pang Thye will join the Monetary Authority of Singapore (MAS) Board as the regulator updates its board composition. MAS announced that On...

Singapore central bank signals rate stability ahead as Singapore Q1 growth beats forecasts

Monetary Authority of Singapore (MAS) officials say Singapore's monetary policy stance remains appropriate and domestic interest rates should hold broadly stable, even as global ra...

SGD may jump in value soon as MAS tightens policy

Singapore’s monetary policy outlook centres on an expected tightening by the Monetary Authority of Singapore on 14 April, as rising energy costs from the Iran conflict push inflati...

MAS Sets Out Framework for SGX-Nasdaq Dual Listings After Consultation

Companies seeking dual listings on both SGX and Nasdaq could go through a more streamlined IPO process under proposed rule changes by the Monetary Authority of Singapore (MAS). MAS...

Bsquared Technology Payment License Revoked Over Serious Breaches, MAS Says

The Monetary Authority of Singapore (MAS) has revoked the Major Payment Institution License of Bsquared Technology (BSQ) following findings of alleged breaches of regulatory requir...

Singapore revokes crypto payment license of Bsquared over regulatory breaches

MAS found deficiencies in Bsquared’s risk management and conflict-of-interest policies, and that the firm had provided false or misleading information to the regulator on multiple...

Coda Secures Full MAS Payment Licence in Singapore

Coda has secured a full Major Payment Institution licence from the Monetary Authority of Singapore (MAS) as it strengthens its regulated payments operations. The licence allows Cod...

MAS Tests AI Scam Detection Using Data From Five Banks

The Monetary Authority of Singapore (MAS) is testing AI scam detection models that could help banks flag risks earlier by analysing transaction data from five banks. MAS is working...

Singapore Calls on Banks to Boost Cyber Defences Over Anthropic’s AI Model Mythos

Singapore has urged banks to review and strengthen their cyber safeguards as authorities respond to growing concern over Anthropic’s Mythos AI system. According to Bloomberg, the M...

What MAS Tightening The Singapore Dollar Means For The SGD & Your 2026 Holiday Budget

The SGD is strengthening to help offset rising import prices, even as the US dollar is weakening. The post What MAS Tightening The Singapore Dollar Means For The SGD & Your 202...

MAS Makes Financial Advice Optional as Complex Product Rules Shift

The Monetary Authority of Singapore (MAS) will remove the mandatory financial advice requirement for most investors buying complex products, as it shifts towards a more disclosure-...

FATF’s Positive Report Card for Singapore

Sharply tightened rules pay off following 2023 anti-money laundering case

Singapore Pushes SGX Nasdaq Dual Listing Bill to Ease Cross-Border IPOs

Singapore is advancing legislative amendments to establish an SGX Nasdaq dual listing framework aimed at improving the competitiveness of its domestic equities market. The Securiti...

Singapore Shuts Down Bsquared’s Crypto Payment Operations – Details

Bsquared Technology Pte Ltd has no auditors to answer to yet — but it will. Singapore’s central bank has ordered the crypto firm to produce a closure certificate confirming that al...

MariBank Group Assets Cross S$4 Billion in 2025 Financial Results

MariBank Singapore Private Limited and its subsidiary reported total assets of S$4.23 billion in FY2025, as the Group pushed deeper into lending and recorded sharp growth in deposi...

Complete Guide To Cash Management Accounts In Singapore [2026 Edition]

Grow your money that you intend to use in the next few years, while taking minimal risks. The post Complete Guide To Cash Management Accounts In Singapore [2026 Edition] appeared f...

Singapore needs harsher penalties for money laundering: watchdog

Robinhood Nears Singapore Brokerage Launch With MAS Approval

Robinhood has moved closer to launching brokerage services in Singapore after receiving in-principle approval from the Monetary Authority of Singapore (MAS). The approval marks a s...

Why the new MAS regulation makes continuous digital monitoring a business imperative

Singapore’s updated advertising guidelines, which took effect on March 25, are forcing banks and financial firms to rethink how they monitor advisers and influencers online — or ri...

Singapore Banks Coordinate Threat Monitoring Amid Concerns Over Mythos AI Risks

Singapore’s banking sector is moving to sharpen its cyber defences as advanced AI models raise fresh concerns over how quickly software vulnerabilities could be found and exploited...

MAS Chief Warns Global Growth Could Become Too Reliant on AI

The Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun has flagged the risk that global growth could become too narrowly driven by AI if gains remain concentrate...

FATF Report Shows Singapore’s Financial Crime Controls Have Strengthened

Singapore has received a strong assessment from the Financial Action Task Force (FATF) for its financial crime controls, even as the watchdog flagged areas to strengthen in foreign...

Mastercard Goes Live with Agentic Payment Pilots in ASEAN, Plans Singapore AI Centre

Mastercard has gone live with authenticated agentic transactions in Singapore and Malaysia and plans to open a regional AI Centre of Excellence in Singapore later this year. The ro...