Tagged: mas

March 26, 2026 @ 1:16 am By Omar Faridi  |  

Singapore’s equities market is set for an overhaul following the release of the final report by the Equities Market Review Group, established by the Monetary Authority of Singapore (MAS) in August 2024. Chaired by Minister for National Development and MAS Deputy Chairman Chee Hong Tat,… Read More

March 23, 2026 @ 1:48 am By Michael Wong  |  

Singapore’s central bank has released an industry-developed toolkit to help financial institutions manage risks from artificial intelligence, as regulators and banks move from broad AI principles to more practical controls for generative and agentic AI. The Monetary Authority of Singapore (MAS) said it had concluded… Read More

February 13, 2026 @ 4:49 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has revealed plans to enhance its Equity Market Development Programme (EQDP). On February 12, 2026, the authority disclosed an increase in the program’s funding from S$5 billion to S$6.5 billion. This decision aligns with the recent Budget 2026 announcement… Read More

December 19, 2025 @ 1:45 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced financial and capital markets initiatives to deepen financial cooperation with China. The initiatives were announced at the 21st Joint Council for Bilateral Cooperation (JCBC) meeting in Chongqing, China, which was “co-chaired by Singapore Deputy Prime Minister and Minister… Read More

December 2, 2025 @ 6:19 pm By Omar Faridi  |  

Thunes announced that it has received In-Principle Approval (IPA) for a variation of its Major Payment Institution licence (MPI) from the Monetary Authority of Singapore. This In-Principal Approval marks a key milestone in Thunes’ growth journey and demonstrates the Fintech firm’s ongoing commitment to being… Read More

November 25, 2025 @ 10:09 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced the completion of the Equities Market Review Group’s review and release of its final report. Key measures announced to strengthen the competitiveness of Singapore’s equities market: The establishment of a dual listing bridge connecting the Singapore Exchange (SGX)… Read More

November 15, 2025 @ 11:43 am By Michael Wong  |  

Singapore’s central bank has completed a live trial of using a wholesale central bank digital currency (CBDC) to settle overnight interbank loans, moving its experiments with tokenised assets onto an operational test network. The Monetary Authority of Singapore (MAS) said the trial, conducted on its… Read More

November 13, 2025 @ 8:19 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and the UK’s Financial Conduct Authority (FCA) have recently announced a new partnership on artificial intelligence in Finance between Singapore and the United Kingdom (UK) – termed the UK-Singapore AI-in-Finance Partnership. Announced at the Singapore FinTech Festival, the partnership… Read More

October 10, 2025 @ 1:51 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) demonstrated during Q3 2025 its commitment to upholding the integrity of the financial sector through a series of regulatory and enforcement measures. From July to September, MAS says that it has addressed critical issues ranging from licensing non-compliance and… Read More

October 4, 2025 @ 2:20 pm By Michael Wong  |  

Singapore strengthened its position as the world’s third-largest foreign exchange trading hub, with average daily turnover rising 60% to $1.485 trillion in April 2025 from April 2022, the Monetary Authority of Singapore (MAS) said, citing results of the Bank for International Settlements’ 2025 Triennial Central… Read More

September 21, 2025 @ 10:17 pm By Michael Wong  |  

Singapore’s central bank pledged to safeguard price stability and financial sector resilience while deepening innovation and climate transition efforts, as global uncertainties weigh on growth prospects. Deputy Prime Minister Gan Kim Yong, who also oversees the Monetary Authority of Singapore (MAS), said in an addendum… Read More

September 18, 2025 @ 12:55 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) continues to support strategic initiatives that aim to bolster financial stability and value creation. Recent developments, including enhanced regional cooperation with entities like the HKMA, calls for transformational leadership in corporate governance, and a push for risk resilience, underscore… Read More

September 8, 2025 @ 9:49 pm By Omar Faridi  |  

Singapore continues to solidify its position as a global hub for financial innovation and regional collaboration through recent developments: the Green Investments Partnership (GIP) achieving its first close with US$510 million in committed capital and the reaffirmation of bilateral cooperation between the Brunei Darussalam Central… Read More

September 2, 2025 @ 12:26 am By Omar Faridi  |  

QCP Trading Pte. Ltd., the over-the-counter (OTC) spot digital payment tokens (DPT) trading arm of QCP Group, is pleased to announce that it has been granted a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). The development enables QCP Trading to… Read More

August 21, 2025 @ 11:57 pm By Omar Faridi  |  

Libeara, a tokenization platform incubated by SC Ventures by Standard Chartered is pleased to announced that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its Capital Markets Services (CMS) license. This in-principle approval represents “a significant regulatory milestone… Read More

July 5, 2025 @ 10:44 pm By Michael Wong  |  

Singapore’s central bank has imposed S$27.45 million ($20.3 million) in fines on nine financial institutions after concluding a sweeping investigation into anti-money laundering (AML) lapses tied to a major money laundering case uncovered in August 2023. The Monetary Authority of Singapore (MAS) said it had… Read More

July 3, 2025 @ 1:24 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor disclosures and simplify regulatory requirements for complex financial products, in a move aimed at balancing self-directed investing with protections for vulnerable consumers. The consultation paper, published on July 1, outlines enhancements to… Read More

July 2, 2025 @ 10:46 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGaz), marking a collaboration to advance digital asset education and financial innovation across developing regions. This MoU aligns with Tether’s… Read More

April 27, 2025 @ 5:46 pm By Omar Faridi  |  

Flex, the fintech company enhancing back office finance for ambitious business owners, and Maza, one of the largest entity formation and payments apps for Spanish-speaking solopreneurs and consumers, announce their M&A. As part of the deal, Maza will rebrand as Flex Consumer, “a new arm… Read More

April 22, 2025 @ 10:58 pm By Omar Faridi  |  

In a key move for the crypto derivatives market, the Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures in the second half of 2025. This development positions SGX as a key player in the growing integration of digital assets into traditional financial… Read More