The regulator wants to streamline the application and approval process for regulated activities where risks are generally low or well understood and could be reasonably contained.
At Singapore Fintech Festival, MAS said it will place up to $5bn for management with private equity and venture capital firms focused on infrastructure and enterprise financing.
Among several other enhancements, moving from a T+3 to a T+2 settlement cycle will harmonise Singapore with stock markets in Australia, the EU, Hong Kong and the US.
SGX and a Temasek unit have invested in a new platform that is seeking MAS licensing to enable fundraising in Singapore through security token offerings.
MAS managing director Ravi Menon announced the release of the Fairness, Ethics, Accountability & Transparency, or FEAT, Principles at the Singapore Fintech Festival.
Parties making the voluntary delisting offer to privatise an issuer will not be allowed to vote on the delisting resolution, as is the case in Hong Kong and Australia.
MAS and SGX have developed delivery versus payment capabilities for the settlement of tokenised assets across different blockchain platforms, which they say can help simplify post-trade processes and further shorten settlement cycles in capital markets.
Singapore banks face greater asset risk in 2019, with both Moody's and Fitch expecting loan growth to moderate amid worsening global conditions.
New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.
The derivatives MoU will enhance cross-border supervision and the development of futures markets, while staff exchanges will deepen ties between the agencies.