Association of Banks in Singapore (ABS)

Banking & finance

MAS and ABS introduce added measures to fortify security of digital banking

The measures will include the efficient handling of an incident, as well as customer service should a scam occur.

Property

Singapore joins Wall Street in planning for return to office: MAS, ABS

Less-crowded trading floors, facial recognition systems and split work areas could all become routine for bankers in Singapore.

Banking & finance

New banking survey shows that Singapore banks are trusted by the public

Results from the survey showed 63% of respondents had high trust in Singapore banks.
ABS and SGX RegCo enhance due diligence standards for SGX listing process - THE EDGE SINGAPORE

Regulatory Action

ABS and SGX RegCo enhance due diligence standards for SGX listing process

The Edge Singapore understands that the guidelines were enhanced in response to several corporate controversies.
Association of Banks in Singapore to develop code of best practices to strengthen commodity financing standards in Singapore: Chan Chun Sing - THE EDGE SINGAPORE

Singapore economy

Association of Banks in Singapore to develop code of best practices to strengthen commodity financing standards in Singapore: Chan Chun Sing

The commodities trading industry will be partnered with two key initiatives to increase banking confidence in the industry.
Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures - THE EDGE SINGAPORE

Broker's Calls

Analysts remain 'neutral' on Singapore banking sector following extension of loan relief measures

Shares in DBS, OCBC and UOB closed $20.71, $8.62 and $19.53 on Oct 6.

Fintech

Singapore aims to reduce cash transactions, eliminate cheques amid e-payments push

SINGAPORE (June 21): Singapore is pushing ahead with the embracing of electronic payments, with plans in the pipeline to lower its dependency on cash as well as eliminate cheques.

Singapore Fintech Festival 2017

MAS hosts world's largest fintech festival in Singapore this week

SINGAPORE (Nov 13): The Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings, are organising the second edition of the Singapore FinTech Festival, which kicked off

Financial institutions to launch Debt Consolidation Plan

SINGAPORE (Jan 17): The Association of Banks in Singapore (ABS) announced on Tuesday that 14 participating financial institutions (FIs) will be launching the Debt Consolidation Plan (DCP) on Jan 23.
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