Monetary Authority of Singapore

    Market Infrastructure

    BIS, MAS Set Out Blueprint for Cross-border Payments

    By Ranamita Chakraborty | 29/07/2021

    BIS Innovation Hub Singapore Centre and MAS have published a blueprint that could make real-time cross-border payments a reality in the next two to four years.

    Capital / Liquidity

    MAS Ends Dividend Cap for Banks, Finance Companies

    By Editors | 29/07/2021

    Local banks and finance companies should still exercise continued prudence in their discretionary distributions, and prioritise support to customers.

    Crypto / Digital Assets

    Singapore’s CTX to Debut Cross-border Trading of China Carbon Credits

    By Sanday Chongo Kabange | 27/07/2021

    Cyberdyne Tech Exchange said its carbon neutrality tokens, or CNTs, would pave the way for carbon credits to be transferred across international borders.

    AML / KYC

    MAS to Review Liability Framework for Card Scams by Year-end

    By Ranamita Chakraborty | 27/07/2021

    The Singapore police received 89 reports of fraudulent card transactions performed with SMS OTPs between September 2020 and February 2021.

    AML / KYC

    Singapore: “Several” DPT Licences in Final Stages of Review

    By Editors | 27/07/2021

    Of around 170 digital payment token service providers who applied for a licence, 30 applications have been withdrawn after engagement with MAS and two have been rejected.

    Fintech / Regtech

    MAS, SFA Launch 2021 SFF Global FinTech Awards

    By Ranamita Chakraborty | 22/07/2021

    The theme for the 2021 awards is “Emerging from a pandemic, the road to recovery”. The awards will be hosted entirely on API Exchange.

    Enforcement

    Singapore: Three Individuals Charged for Insider Trading

    By Editors | 22/07/2021

    The former CFO of SGX-listed Broadway Industrial Group communicated insider information to two other individuals.

    Market Infrastructure

    Singapore Reviewing Carbon Price Trajectory, says MAS Chief

    By Ranamita Chakraborty | 21/07/2021

    The government is reviewing its targets for the price of carbon to ensure it helps Singapore meet its climate commitments.

    AML / KYC

    SFC Issues Warning on Unregulated Virtual Asset Platforms

    By Editors | 18/07/2021

    Soon after the SFC’s statement, Binance announced that stock tokens will no longer be available for purchase on its website.

    MAS to Refine Financial Advisory Remuneration Rules

    By Manesh Samtani | 15/07/2021

    MAS proposes to refine the tier structure requirements and clarify the types of remuneration that can be paid as overriding benefits.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team