Monetary Authority of Singapore

ESG / Sustainability

MAS Issues Guidance for ESG Funds on Good Disclosure Practices

By Nithya Subramanian | 05/12/2024

The information paper aims to promote clear disclosures to help retail investors understand the key features and risks of ESG funds.

ESG / Sustainability

Australia Pledges Investments under Singapore’s FAST-P Initiative

By Nithya Subramanian | 04/12/2024

The Australian government’s first investment will support clean energy and sustainable infrastructure projects across Southeast Asia.

Enforcement

MAS Fines JPMorgan Over Misconduct by Relationship Managers

By Nithya Subramanian | 03/12/2024

JPMorgan relationship managers misrepresented the price components in OTC bond transactions and overcharged clients.

Securities / Derivatives

MAS Finalises New Leverage, Disclosure Requirements for REITs

By Nithya Subramanian | 29/11/2024

A minimum interest coverage ratio of 1.5 times and a 50 percent aggregate leverage cap apply to all REITs with immediate effect.

Capital / Liquidity

MAS: Singapore Banks Show Resilience to Global Risks

By Nithya Subramanian | 28/11/2024

Singapore banks still met the minimum capital and liquidity requirements in the Adverse scenario of the industry-wide stress test.

Capital / Liquidity

MAS Revises Notice 637 on Risk-based Capital Adequacy

By Editors | 28/11/2024

MAS updated Notice 637, which sets out risk-based capital adequacy requirements for locally-incorporated banks.

Enforcement

MAS Bans Former UOB Representative for 14 Years

By Nithya Subramanian | 27/11/2024

MAS has prohibited Loh Sheng Yang from offering financial advisory and capital markets services after he defrauded 17 victims of over S$1 million.

MAS Streamlines Product Approval Process for Life Insurers

By Nithya Subramanian | 22/11/2024

Revised notices ease the approval process, requiring life insurers to seek prior approval only for products with features entirely new to the industry.

Capital / Liquidity

MAS Issues Response on Enhancing Deposit Insurance Scheme

By Nithya Subramanian | 20/11/2024

MAS released a second set of responses to proposals aimed at improving the operational efficiency of the deposit insurance scheme.