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178 Results from "Monetary Authority of Singapore"

/cloud

Monetary Authority of Singapore hosts inaugural Financial Sector Cloud Resilience Forum

The Monetary Authority of Singapore (MAS) yesterday hosted the inaugural Financial Sector Cloud Resilience Forum (Forum) for Asia Pacific financial regulators and Cloud Service Providers (CSPs) to exchange views on appropriate public cloud risk management practices for the financial sector.

/payments

Singapore and India link real-time payment systems

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) today launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI). This will enable customers of participating financial institutions in Singapore and India to send and receive funds between bank accounts or e-wallets across the two countries in real-time.

/retail

Asean central banks sign payments co-operation pact

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.

/retail

Singapore moves to digitalise bankers' guarantees and insurance bonds

The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s guarantee or insurance bond (collectively, “guarantee”) to government agencies within a day.

/startups

MAS unveils Global FinTech Hackcelerator finalists

The Monetary Authority of Singapore (MAS) announced today the 65 finalists for the Global FinTech Hackcelerator, and the Singapore FinTech Festival (SFF) Global FinTech Awards. These Awards are among the highlights of SFF 2022, which will take place from 2 to 4 November 2022.

/regulation

Singapore and India sign cross-border fintech pact

The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA)IFSCA is headquartered at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat, India. today signed a FinTech Co-operation Agreement (CA) to facilitate regulatory collaboration and partnership in FinTech.

/crypto

MAS grants Capital Markets Services licence to SBI Digital Markets

SBI Digital Markets Pte. Ltd. (SBI DM), a subsidiary of Tokyo-based SBI Digital Asset Holdings (DAH), has just been awarded the Monetary Authority of Singapore’s (MAS) Capital Markets Services (CMS) Licence. SBI DM received In-Principle Approval for its CMS licence from the MAS back in early May 2022.

/regulation

MAS sets out three-year transformation plan for financial services

Mr Lawrence Wong, Deputy Prime Minister and Minster for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, launched the Financial Services Industry Transformation Map (ITM) 2025 today.

/sustainable

MAS and SGX launch ESG digital disclosure portal

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) today jointly launched ESGenome, a digital disclosure portal for companies to report Environmental, Social and Governance (ESG) data in a structured and efficient manner, and for investors to access such data in a consistent and comparable format.

/regulation

Sleek gets Singapore payment institution license

Sleek has been granted a Major Payment Institution License (“MPI”) issued by the Monetary Authority of Singapore (“MAS”), effective from 1 July 2022.

/sustainable

Monetary Authority of Singapore opens AI utility to combat greenwashing

The Monetary Authority of Singapore (MAS) announced today the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector.

/startups

MAS and SFA invite entries for 2022 FinTech Awards

The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2022 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards).