Monetary Authority of Singapore

ESG / Sustainability

COP29 Countries Approve Global Carbon Market Framework

By Mark Johnston | 15/11/2024

Countries at COP29 have endorsed a global carbon market framework which forms the basis for operationalising Article 6.4 of the Paris Agreement.

ESG / Sustainability

Singapore Pledges $500m in Concessional Funding for Climate Action

By Nithya Subramanian | 13/11/2024

The government will match every dollar, up to $500mn, of concessional capital committed by other partners involved in the FAST-P initiative.

Securities / Derivatives

MAS Unveils New Green Finance and Market Initiatives with China

By Nithya Subramanian | 12/11/2024

The initiatives aim to expand cross-border green financing flows, enhance bond market connectivity, and deepen collaboration on index and ETF products.

Fintech / Regtech

NETS, Liquid Group Announce Expanded SGQR+ Services

By Nithya Subramanian | 11/11/2024

The expansion of services by NETS and Liquid Group follows the successful POC launch of SGQR+ by the MAS last November.

Crypto / Digital Assets

Anchorage Digital Secures Crypto Licence in Singapore

By Mark Johnston | 11/11/2024

The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

Fintech / Regtech

Global Fintech Institute Launches New Platform to Drive Innovation

By Nithya Subramanian | 08/11/2024

A new Startup Investment Credentials framework was also released to provide a standardised approach for evaluating fintech startups.

Crypto / Digital Assets

Swift Payment Network Piloted for Tokenised Fund Settlements

By Editors | 07/11/2024

The pilot used the payment orchestration capabilities of existing Swift infrastructure to settle fund subscriptions and redemptions.

Fintech / Regtech

New Project Nexus Entity to be Established in Singapore

By Editors | 07/11/2024

The new management entity will oversee the live implementation of the Nexus operational model, which involves linking instant payment systems.

AML / KYC

MAS Announces Key Decisions on New AML Framework for SFOs

By Manesh Samtani | 07/11/2024

MAS has extended the timelines for single family offices to submit initial notifications and annual reports. The transitional period will be 1 year instead of 6 months.