Monetary Authority of Singapore

306 results about this entity

Period: 05 Aug 2010 - 10 Apr 2025

/crypto

Paxos approved to issue stablecoins in Singapore

Paxos has received full approval from the Monetary Authority of Singapore to offer Digital Payment Tokens and has lined up DBS Bank as its primary banking partner for cash management and custody of stablecoin reserves.

/sustainable

BIS and MAS map blueprint for assessing bank climate risk

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor and manage climate risks in the financial system.

/payments

Central banks to test FX settlement in wCBDC

The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).

/markets

Deutsche Bank joins MAS-led asset tokenisation project

Deutsche Bank is the latest bank to join the Monetary Authority of Singapore's multi-year Project Guardian initiative to explore asset tokenisation applications.

/startups

UK and Singapore reaffirm fintech co-operation pact

The United Kingdom (UK) and Singapore held the 9th UK-Singapore Financial Dialogue in Singapore today.

/regulation

MAS lifts six-month IT ban on DBS

Singapore's central bank has lifted restrictions on non-essential IT services imposed on DBS Bank in the wake of a series of disruptive outages that hit the bank's payments and ATM services last year.

/security

Monetary Authority of Singapore and Mastercard ink cybersecurity MoU

The Monetary Authority of Singapore (MAS) and Mastercard today signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

/regulation

Nuvei receives Singapore MPI license

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

/regulation

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism financing.

/wholesale

AI not ready for central bank policy making - MAS economist

Artificial intelligence is not ready to replace structural models for central bank policy making, according to the Monetary Authority of Singapore's chief economist.

/regulation

Currencycloud granted ‘In-Principle Approval’ for MPI Licence by the Monetary Authority of Singapore

Currencycloud, a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

/crypto

Bitstamp receives In-Principle License Approval in Singapore

Great news from the Monetary Authority of Singapore (MAS)! We’ve just received the In-Principle Approval (IPA), a crucial step towards obtaining our Major Payment Institution license.