Monetary Authority of Singapore - News, Articles & Research

Company announcement/security

MAS cybersecurity panel advises on security measures for cloud and API adoption

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) provided insights and suggestions on how Singapore’s financial sector can harness the benefits of new technologies while remaining cyber resilient.

03 October 2018

News/inclusion

Afin creates fintech marketplace and sandbox to tackle financial inclusion

The Asean Financial Innovation Network (Afin) has launched API Exchange, a cross-border marketplace and sandbox for financial institutions and fintech firms to work together on financial inclusion projects.

01 October 2018

News

Singapore rolls out unified QR code payments

Singapore has launched what it claims to be the world's first unified payments QR code, which will be adopted by 27 payment schemes on the island.

17 September 2018

Company announcement

CFTC and Singapore central bank sign fintech pact

The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) today signed an arrangement to foster greater cooperation in FinTech.

13 September 2018

Company announcement

MAS consults on measure to strengthen cyber-resilience of Singapore banks

The Monetary Authority of Singapore (MAS) today issued for consultation proposed requirements for financial institutions (FIs) in Singapore to implement essential cyber security measures to protect their IT systems.

06 September 2018

Company announcement

Dubai and Singapore regulators sign fintech agreement

The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) today entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

29 August 2018

News

Singapore presses ahead with blockchain-based Project Ubin

Singapore's central bank is working with the Singapore Exchange and three technology partners - Anquan, Deloitte and Nasdaq - to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platforms.

24 August 2018

Company announcement

Singapore sets up education programme to retrain bankers for a digital world

Financial industry professionals can now seek skills upgrading, career advisory and job matching opportunities at the Institute of Banking and Finance’s (IBF) new career centre, IBF Careers Connect.

01 August 2018

News

Singapore's banks told to tighten customer checks following massive SingHealth breach

Singapore's banks have been ordered to tighten customer verification procedures following the recent cyber attack at SingHealth where personal information of 1.5 million individuals was illegally accessed and stolen.

24 July 2018

Company announcement

DTCC repository in Singapore to support equities and commodity trade reporting

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that it will be enhancing its Global Trade Repository[1] service (GTR) in support of the next phase of the Monetary Authority of Singapore’s (MAS) derivatives trade reporting requirements which are scheduled to take effect on 1 October 2018.

02 July 2018

News

FS-ISAC sets up global cyber forum for central banks and regulatory authorities

Central banks and regulators are to share information and intelligence on emerging cyber-threats through a new forum established under the aegis of the Financial Services Information Sharing and Analysis Center (FS-ISAC).

11 June 2018

Company announcement

Singapore and India establish fintech working group

The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) yesterday (June 1) signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG).

04 June 2018