Monetary Authority of Singapore

Capital / Liquidity

Singapore Banks Cite Market, Operational Risks as Basel III Challenges

By Nithya Subramanian | 05/12/2023

With MAS implementing the last phase of Basel III requirements from July 2024, local banks have installed strong controls and programmes to ensure compliance.

Capital / Liquidity

MAS Proposes Revisions to Capital Framework for AEs & ACHs

By Editors | 05/12/2023

The current capital framework for Approved Exchanges and Approved Clearing Houses may not adequately address liquidity risks, MAS said.

ESG / Sustainability

MAS Launches Coalition to Test Carbon Credits for Coal Phase-Out

By Editors | 04/12/2023

Two pilot projects will be undertaken to test the use of transition credits to help finance the early retirement of coal-fired plants.

ESG / Sustainability

COP28 Heralds New Era for Green Investments in Asia

By Ranamita Chakraborty | 04/12/2023

A green investment partnership focusing on risk mitigation and blended finance seeks to make green initiatives more attractive to investors.

ESG / Sustainability

MAS Finalises Sustainable Finance Taxonomy After Four Consultations

By Manesh Samtani | 04/12/2023

The Singapore-Asia Taxonomy now provides a framework to phase-out coal-fired power plants, which MAS says is critical in APAC.

Crypto / Digital Assets

IOSCO Chair Calls for Coordinated Response to Crypto Challenges

By Ranamita Chakraborty | 04/12/2023

Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.

Market Infrastructure

SGX Announces First Listings Under Shanghai ETF Link

By Manesh Samtani | 03/12/2023

ETF listed on SGX will give investors exposure to high dividend paying Shanghai stocks. ETF listed on SSE will track Indian and Southeast Asian tech companies.

AML / KYC

MAS Spotlights Interest Rate and Money Laundering Risks

By Editors | 29/11/2023

The latest Financial Stability Review discusses the impact of rising global interest rates on households and increased concerns over money laundering.

AML / KYC

Singapore Banks to Roll Out “Money-locking” Anti-Scam Measure

By Editors | 28/11/2023

‘Locked up’ funds will remain safe, even if the customer’s mobile devices or bank account login credentials fall into the wrong hands.