Monetary Authority of Singapore

Crypto / Digital Assets

MAS Consults on Regulatory Approach for Crypto Derivatives

By Garima Chitkara | 21/11/2019

The MAS has received indications of interest for bitcoin and ether derivatives, regulated under the SFA, to be made available to investors in Singapore.

Enforcement

Fostering Customer Trust in the Financial Industry: MAS

By Editors | 18/11/2019

Regulators and FIs alike have an important part to play to build trust in the financial industry, MAS deputy managing director Ong Chong Tee said in a speech on Saturday.

Enforcement

UBS Fined in Singapore for Pricing Deception by Advisers

By Editors | 18/11/2019

The MAS penalty follows similar action taken against UBS by the Hong Kong SFC to penalise the bank and demand compensation for clients that were overcharged over a ten-year period.

AML / KYC

MAS to ‘Take Another Crack’ at KYC Utility Project

By Editors | 15/11/2019

The KYC Utility project was shelved last year after the setup costs were deemed to be too high. This time, the MAS will look at “less costly” technology architecture.

Fintech / Regtech

Singapore Unveils New AI Framework for Financial Institutions

By Garima Chitkara | 13/11/2019

The new ‘Veritas’ framework aims to improve internal governance among financial institutions around their solutions driven by artificial intelligence and data analytics.

Fintech / Regtech

BIS Launches Innovation Hub Centre in Singapore

By Editors | 13/11/2019

The launch of the BIS Innovation Hub Centre took place on the sidelines of the 2019 Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology.

Market Infrastructure

Singapore Deepens Cooperation with French, Canadian Regulators

By Garima Chitkara | 13/11/2019

French central bank establishes first Asian office in Singapore to enhance financial market cooperation; Canadian securities authorities pledge information exchange and fintech access.

Securities / Derivatives

MAS Grants Dalian Commodity Exchange RMO Licence

By Editors | 12/11/2019

China’s Dalian Commodity Exchange has been recognised by the MAS as a market operator, allowing it to promote iron ore futures to Singapore investors.

Fintech / Regtech

MAS, Deloitte, S&P Launch Fintech Investment Research Platform

By Editors | 12/11/2019

The new platform, launched by MAS, Deloitte and S&P Global Market Intelligence, will help financial institutions and investors to more effectively discover investment opportunities in the fintech space.