clear
clear

114 Results from /regulation, "Monetary Authority of Singapore"

/regulation

MAS fines Standard Chartered over AML failings

The Monetary Authority of Singapore (MAS) announced today that it has imposed penalties of S$5.2 million on Standard Chartered Bank, Singapore Branch (SCBS) and S$1.2 million on Standard Chartered Trust (Singapore) Limited (SCTS).

/regulation

Monetary Authority of Singapore to use machine-readable data to aid banks in regulatory reporting

The Monetary Authority of Singapore (MAS) today unveiled the roadmap to transform its data collection approach from financial institutions.

/regulation

Singapore and Lithuania agree fintech collaboration deal

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries.

/regulation

Singapore and Maharashtra sign fintech pact

The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM)1 signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.

/regulation

Singapore and Egypt bolster fintech co-operation

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018.

/regulation

Monetary Authority of Singapore introduces new guidance for remote customer onboarding

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding.

/regulation

MAS cautions against investments in cryptocurrencies

The Monetary Authority of Singapore advises the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies1.

/regulation

MAS to run second consultation on new regulatory framework for payments

The Monetary Authority of Singapore (MAS) today launched a second consultation on its proposed payments regulatory framework, known as the Payment Services Bill (the “Bill”)1.

/regulation

Singapore and Philippines ink fintech agreement

The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today signed a FinTech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets.

/regulation

Monetary Authority of Singapore sets up international advisory panel for cybersecurity

The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world.

/regulation

MAS warns consumers to exercise caution over digital token schemes

The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore.

/regulation

Singapore follows SEC in ICO token regulation

The Monetary Authority of Singapore (MAS) clarified today that the offer or issue of digital tokens in Singapore will be regulated by MAS if the digital tokens constitute products regulated under the Securities and Futures Act (Cap. 289) (SFA).