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179 Results from "Monetary Authority of Singapore"

/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.

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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.

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Nets outage caused by human error - MAS

Parliamentary Question: To ask the Prime Minister with regard to the interruption to NETS services on 2 February 2018 due to "inadvertent human error" during system maintenance (a) whether MAS has identified root causes which predispose the system to human error; and (b) what measures MAS is taking to ensure reliability of cashless transaction providers with significant market share where interruptions can significantly impact businesses and end users.

/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.

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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.

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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.

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Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year.

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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.

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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.

/retail

Payments Council endorses Singapore Quick Response Code Specifications for electronic payments

The Payments Council has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets, and banks.

/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.

/retail

Singapore kicks off week-long fintech festival

Organised by the Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings, the second edition of the Singapore FinTech Festival kicked off today.

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