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.

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 - THE EDGE SINGAPORE

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

Inflation is slowly creeping up as Singapore prepares to enter Phase 3 - THE EDGE SINGAPORE

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

MAS to further extend US$60 bil swap facility with US Federal Reserve and MAS USD Facility - THE EDGE SINGAPORE

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

Singapore and Hungary to strengthen ties in FinTech - THE EDGE SINGAPORE

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.

Singapore and China to expand financial cooperation to support post-Covid-19 recovery: MAS - THE EDGE SINGAPORE

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.

iFAST still a ‘buy’ despite failing to obtain digital bank licence: DBS - THE EDGE SINGAPORE

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.

AMTD, Razer, iFast miss out on digital bank licence applications, announce plans moving forward - THE EDGE 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

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