Monetary Authority of Singapore

    Capital / Liquidity

    MAS Issues Guidelines on Islamic Banking in Singapore

    By Editors | 06/07/2022

    The main risk which is unique to Islamic banks is Shariah compliance risk – where noncompliance with Shariah rulings carries “significant reputational risk”.

    Fintech / Regtech

    MAS Assesses Fairness of FIs’ Use of AI/Machine Learning

    By Editors | 05/07/2022

    MAS conducted a thematic review on selected FIs’ implementation of Fairness Principles in their use of AI/machine learning.

    Crypto / Digital Assets

    MAS Mulls New Restrictions on Retail Investment in Crypto

    By Editors | 05/07/2022

    New measures may include placing limits on retail participation, and introducing new rules on the use of leverage in crypto transactions.

    Crypto / Digital Assets

    Crypto Hedge Fund Three Arrows Capital Files for Bankruptcy

    By Manesh Samtani | 05/07/2022

    The bankruptcy filing came three days after Three Arrows entered into liquidation in the British Virgin Islands.

    Capital / Liquidity

    MAS Reprimands Crypto Hedge Fund Three Arrows Capital

    By Editors | 01/07/2022

    MAS said Three Arrows Capital exceeded its allowable AUM and gave the regulator a false representation. The company entered into liquidation this week.

    Capital / Liquidity

    BIS Launches Yuan Liquidity Facility for Central Banks

    By Editors | 28/06/2022

    Central banks from China, Hong Kong, Singapore, Malaysia, Indonesia and Chile are creating a reserve pool to guard against market stresses.

    Crypto / Digital Assets

    ADDX, CCB Partner to Enable Chinese Offshore Investments

    By Editors | 24/06/2022

    The CCB agreement allows ADDX to operationalise an arrangement with ICHAM to channel QDLP funds from mainland investors into overseas digital securities.

    ESG / Sustainability

    GFANZ Consults on Net-zero Transition Planning Framework

    By Editors | 24/06/2022

    GFANZ identifies four critical approaches for financial institutions to support real-economy GHG emissions reductions.

    Fintech / Regtech

    Mojaloop Launches CBDC Center of Excellence in Singapore

    By Editors | 24/06/2022

    MAS welcomed the Center of Excellence, describing Mojaloop’s efforts as “a step forward into the future of financial services”.

    Crypto / Digital Assets

    BIS Innovation Hub Outlines Lessons from CBDC Experiments

    By Manesh Samtani | 23/06/2022

    The report covers four experiments, Project Inthanon-LionRock, Project Jura, Project Dunbar, and Project mBridge.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.