Monetary Authority of Singapore (MAS)

Inflation risks prompts out-of-cycle monetary policy tightening by MAS - THE EDGE SINGAPORE

Singapore economy

Inflation risks prompts out-of-cycle monetary policy tightening by MAS

The S$NEER policy band has been raised slightly, the central bank announced on Jan 25.
Singapore sees higher inflation levels in December 2021 - THE EDGE SINGAPORE

Singapore economy

Singapore sees higher inflation levels in December 2021

Singapore’s core and headline inflation continued to edge up in December 2021.
Briefs: Added measures for Singapore banks to stop scams; Singapore’s first spac closes at $5.05 on trading debut - THE EDGE SINGAPORE

Singapore economy

Briefs: Singapore’s first spac VTAC opens at $5.25, closes at $5.05

In other news, the MAS and ABS announced a set of added measures in a bid to bolster the security of digital banking.
New curbs on crypto marketing ‘a blunt instrument’ but MAS’s worries ‘understandable’ - THE EDGE SINGAPORE

Cryptocurrency

New curbs on crypto marketing 'a blunt instrument' but MAS's worries 'understandable'

The new guidelines mean that many DPT players will now have to rethink their advertising activities.

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.
MAS stops crypto service providers from marketing to general public - THE EDGE SINGAPORE

Cryptocurrency

MAS stops crypto service providers from marketing to general public

This includes advertising in public areas in Singapore as well as through the engagement of third parties.

Cryptocurrency

Singapore's wary approach to crypto leaves Binance Holdings CEO in the cold

To be sure, not everyone is positive about Singapore’s crypto strategy.
GIC to manage extra $185 bil in reserves - THE EDGE SINGAPORE

Singapore economy

GIC to manage extra $185 bil in reserves

This comes after Singapore changed the way the central bank transfers excess foreign currency reserves to the firm.

Fintech

Hatten Land's ECXX Global receives Recognised Market Operator license by MAS

The company had previously received MAS’s approval in August 2020 to launch an asset-based digital securities exchange platform.

Singapore economy

Singapore all-items CPI up 3.8% y-o-y in November, MAS core inflation up 1.6% y-o-y

The all-items CPI is forecasted to come in at 2.3% for 2021, higher than the 2% forecasted previously
×