MONETARY AUTHORITY OF SINGAPORE

Crypto / Digital Assets

SBI Digital Markets to Push Adoption of Tokenised Securities

By Nithya Subramanian | 05/11/2024

SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.

Crypto / Digital Assets

UBS Launches First Tokenised Money Market Fund

By Nithya Subramanian | 05/11/2024

The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.

Crypto / Digital Assets

Citi and Fidelity International Announce PoC of On-chain MMF

By Editors | 04/11/2024

The solution, a tokenised MMF with an embedded digital FX swap, can “enable faster, seamless management of treasury positions, eliminate delays and improve efficiency”.

AML / KYC

Accenture Highly Commended for Fraud & Financial Crime Advisory

By Editors | 04/11/2024

Accenture was Highly Commended in the Fraud & Financial Crime Programme Advisory Firm of the Year category at the 7th Regulation Asia Awards for Excellence 2024.

Fintech / Regtech

Accenture Receives High Commendation for Contribution to Regulatory Reforms

By Editors | 04/11/2024

Accenture was Highly Commended in the Outstanding Contribution to Regulatory Reforms category in the 7th Regulation Asia Awards for Excellence 2024.

Press Release

Accenture Named Banking Advisory Firm of the Year at 2024 Regulation Asia Awards

By Editors | 04/11/2024

Accenture was awarded the Banking Advisory Firm of the Year at the 7th Regulation Asia Awards for Excellence 2024.

Crypto / Digital Assets

MAS Unveils New Initiatives to Promote Tokenisation in Financial Services

By Nithya Subramanian | 04/11/2024

The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

AML / KYC

MAS Publishes Findings from Recent AML Inspections at FIs

By Manesh Samtani | 03/11/2024

The new information paper addresses customers with multiple nationalities, source of wealth establishment, and post-STR risk mitigation measures, among other areas.

Enforcement

Former Dealer Jailed for Manipulating Singapore-listed Stocks

By Editors | 02/11/2024

The former dealer spoof the market 215 times between August 2020 and March 2021, resulting in over SGD 250,000 in illicit gains.