Monetary Authority of Singapore

Capital / Liquidity

Addressing Credit Risk Uncertainty Through Collateral & Data

By Editors | 08/12/2020

Panellists at a recent Regulation Asia webinar highlighted the importance of sound collateral management and data practices to manage loan loss uncertainty in the year ahead.

Uncategorised

Singapore Launches Regional Research Institute for Digital Finance

By Editors | 07/12/2020

One of the Asian Institute of Digital Finance’s first projects is to build a data-sharing platform that can train models to improve credit assessments, said Deputy Prime Minister Heng Swee Keat.

ESG / Sustainability

Singapore Launches National Blockchain Innovation Programme

By Editors | 07/12/2020

The initiative is aimed at further strengthening Singapore’s blockchain ecosystem and promoting the adoption of scalable and interoperable blockchain solutions.

Fintech / Regtech

Singapore Launches Digital Infrastructure to Facilitate Financial Planning

By Editors | 07/12/2020

SGFinDex uses SingPass and a centrally managed online consent system to enable individuals to access their financial information held across different government agencies and FIs.

Fintech / Regtech

MAS Awards Licences to Four Digital Bank Applicants

By Manesh Samtani | 06/12/2020

The licences were awarded to the Grab-Singtel consortium, a Sea Limited subsidiary, an Ant Group entity, and a consortium formed by a Chinese property giant.

Market Infrastructure

Macquarie to Set Up Electronic FX Trading Infrastructure in Singapore

By Editors | 04/12/2020

Macquarie’s FX pricing hub will strengthen Singapore’s proposition as a global FX price discovery and liquidity centre, said MAS executive director Lim Cheng Khai.

Securities / Derivatives

UOB to Set Up Electronic FX Trading Infrastructure in Singapore

By Editors | 03/12/2020

The electronic FX pricing and trading engine will help UOB achieve reduced latency, and aligns with MAS objectives to develop Singapore into a regional FX trading centre.

Big Picture

MAS Urges Underwriting Prudence as Credit Risks Rise

By Manesh Samtani | 03/12/2020

Banks should maintain prudent credit underwriting standards and continue to actively manage foreign currency risks, MAS says in its financial stability review.

Market Infrastructure

MAS Proposes to Make Data Breach Offences Compoundable

By Manesh Samtani | 03/12/2020

MAS would be able to take tougher actions against breaches that do not meet the threshold of a criminal prosecution but call for stronger penalties.