
Monetary Authority of Singapore (MAS)
Tech
MAS enhances guidelines amid emerging technologies and shifts in cyber threat landscape
The Monetary Authority of Singapore (MAS) has issued its revised guidelines on technology risk management to “keep pace with emerging technologies and shifts in the cyber threat landscape”, says th
New appointments
MAS appoints Leong Sing Chiong as new deputy managing director
The Monetary Authority of Singapore (MAS) has appointed Leong Sing Chiong as deputy managing director for markets and development.
Leong’s appointment will take effect on Feb 1.
Sustainability
Banks to open slots online for reservation of new notes for CNY; MAS encourages use of e-hong baos to reduce queues for physical notes
As we are nearly a month away from the Lunar New Year on Feb 12, five banks will be implementing an online reservation system for customers to collect new notes, traditionally used for stuffing red
Singapore economy
Inflation is slowly creeping up as Singapore prepares to enter Phase 3
As Singapore is poised to enter Phase 3 of the reopening of its economy, the MAS Core Inflation and CPI-All Items inflation recorded -0.1% on a y-o-y basis in November, compared to -0.2% in October
Singapore economy

MAS to further extend US$60 bil swap facility with US Federal Reserve and MAS USD Facility
The Monetary Authority of Singapore (MAS) will be extending the US$60 billion ($79.81 billion) swap arrangement with the US Federal Reserve to Sept 30, 2021.
Singapore economy

Singapore's economy expected to expand between 5% – 5.9% in 2021: MAS Survey
Market watchers expect Singapore’s economy to expand between 5.0% to 5.9% in 2021, according to findings from the Monetary Authority of Singapore’s (MAS) survey of professional forecasters released
Fintech

Singapore and Hungary to strengthen ties in FinTech
The Monetary Authority of Singapore (MAS) and Hungry’s Magyar Nemzeti Bank (MNB) have signed a co-operation agreement (CA) to strengthen ties in FinTech innovation between both countries.
China Focus

Singapore and China to expand financial cooperation to support post-Covid-19 recovery: MAS
The Monetary Authority of Singapore (MAS) announced on Dec 8 that Singapore and China will be enhancing their financial partnership to support a post-Covid-19 recovery.
Broker's Calls

iFAST still a 'buy' despite failing to obtain digital bank licence: DBS
iFAST Corp may have failed to clinch the coveted digital wholesale bank (DWB) licence in Singapore.
SFF x SWITCH 2020

AMTD, Razer, iFast miss out on digital bank licence applications, announce plans moving forward
AMTD Group, Razer Fintech and iFast, who were previously in the running for the digital banking licences awarded by the Monetary Authority of Singapore (MAS) on Dec 4, have announced their plans mo