The Monetary Authority of Singapore said it would slightly reduce the slope of its exchange rate policy band, known as the Singapore dollar nominal effective exchange rate, or S$NEER. In its release,MAS said Singapore's growth momentum is expected to slow this year, and core inflation "has m...
The Monetary Authority of Singapore (MAS) is the country’s de facto central bank and chief financialregulation-setterand supervisor. The authority was created in 1971 to coordinate the city’s rapidly developing financial sector. In recent years, the MAS’ breadth of regulation has expanded to...
Ripple announced that its Singapore subsidiary has secured its Major Payments Institution license from the Monetary Authority of Singapore.
The Monetary Authority of Singapore (MAS) has published two consultation papers on additional regulations for the prospecting and marketing of financial products. The consultations are open until 30 June 2023 and propose new controls that financial institutions (FIs) must implement in t...
According to Gillian Tan, assistant managing director (development and international) and chief sustainability officer of the Monetary Authority of Singapore (MAS), the solutions to meet this costly phaseout include ‘blended finance’ and a recently announcedinitiativeby the Monetary Authority of Singapor...
The Monetary Authority of Singapore ( MAS ) and the Singapore FinTech Association ( SFA ) announced the winners of the Global FinTech Hackcelerator and the Singapore FinTech Festival ( SFF ) FinTech Excellence Awards at the SFF 2024 on November 7. ...
The Monetary Authority of Singapore (MAS) today announced plans to advance tokenisation in financial services. These include: • Forming commercial networks to deepen liquidity of tokenised assets; • Developing an ecosystem of market infrastructures; ...
SINGAPORE--(BUSINESS WIRE)--DigiFT, a digital assets exchange, is pleased to announce today that it has obtained a Capital Markets Services (CMS) licence and has been recognised as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS). A CMS licence will allow Di...
As part of its efforts to develop an innovative and responsible digital asset ecosystem in Singapore, on 26 October 2022, the Monetary Authority of Singapore (MAS) released two consultation papers on proposed regulatory measures relating to:
The Monetary Authority of Singapore (MAS) announced today that all successful applicants [1] for the LKY100 coin will be allotted the full quantity requested. MAS has minted a total of 4 million LKY100 coins. This will meet the demand received from over 700,000 applications for 3.3 million ...