Monetary Authority of Singapore (MAS)

Fintech

MAS commits $250 mil to accelerate innovation and technology adoption in financial sector

The Monetary Authority of Singapore (MAS) says it will commit $250 million over the next three years to accelerate technology and innovation-driven growth in the financial sector under the enhanced

Singapore economy

MAS to prioritise keeping workers employed and upskilling workers through training opportunities as demand for digital services become stronger, says deputy MD Loh

The Monetary Authority of Singapore (MAS)’s deputy managing director Jacqueline Loh says the central bank has three priorities to support the local workforce in the country’s financial sector.

Disruption and Digitalisation

Government and banks team up to bring financial services to migrant workers

Since 2018, one of the themes of the Singapore FinTech Festival is financial inclusion in Asean.

Singapore economy

MAS announces key initiatives to support adoption of SORA

The Monetary Authority of Singapore (MAS) announced four key initiatives on August 5 to support the adoption of the Singapore Overnight Rate Average (SORA).

Fintech

MAS, NUS, NRF set up Asian Institute of Digital Finance to boost FinTech education and research

In a bid to spearhead FinTech education and research, the Monetary Authority of Singapore (MAS), the National Research Foundation (NRF), and the National University of Singapore (NUS) announced tha

Tech

Singapore FinTech Festival x SWITCH 2020 to feature digital and physical experiences over week-long event

The Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physica

Banking & finance

Banks may now be given additional privileges under the enhanced Significantly Rooted Foreign Bank framework, says MAS

The Monetary Authority of Singapore (MAS) has enhanced its Significantly Rooted Foreign Bank (SRFB) framework, which allows qualifying full banks (QFBs) that have deep roots in Singapore, to operat

Banking & finance

UBS, Citigroup differ on how MAS’s move to cap bank dividend payouts will pan out

UBS Group AG and Citigroup Inc. are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors.

Banking & finance

MAS extends US$60 bil swap facility with Fed Reserve

The Monetary Authority of Singapore (MAS) has announced an extension of its US$60 billion ($82.55 billion) swap arrangement via its USD Facility with the US Federal Reserve till 31 March

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