Monetary Authority of Singapore

Payments & Settlements

MAS Publishes User Protection Guidelines for E-Payments

By Manesh Samtani | 01/10/2018

The guidelines establish a common baseline protection from losses arising from isolated unauthorised or erroneous electronic payment transactions.

Supervision & Enforcement

MAS Publishes Monograph Detailing Enforcement Approach

By Manesh Samtani | 25/09/2018

Monograph outlines how MAS manages enforcement work in three areas: detection, investigations and in taking enforcement action.

Structural Regulation

SGX Shareholders Voice Concerns Over Regulatory Powers

By Manesh Samtani | 21/09/2018

Despite robust profits and extensive expansion plans announced at its AGM, SGX was criticised for not doing enough to protect minority shareholders.

Structural Regulation

Singapore, China Achieve ‘New Milestones in Financial Cooperation’

By Editors | 21/09/2018

Collaboration to focus on strengthening supervision, enhancing connectivity, cooperating on fintech and supporting the Belt and Road initiative.

Payments & Settlements

MAS Simplifies Mobile Payments with Unified Payment QR Code

By Manesh Samtani | 18/09/2018

The SGQR combines multiple payment QR codes into a single SGQR label, to be rolled out across Singapore over the next six months.

Payments & Settlements

HKMA Launches Faster Payment System, Common QR Code

By Manesh Samtani | 18/09/2018

New payment system connects banks and stored-value facility operators to enable instant payments in Hong Kong dollar and renminbi.

Cloud & Infrastructure

MAS, CFTC Sign Fintech Cooperation Arrangement

By Editors | 17/09/2018

Cooperation arrangement focuses on information sharing and facilitating referrals of fintech firms between Singapore and the US.

Structural Regulation

ISDA Forum: Brexit Negotiations Should Avoid “Brinksmanship”

By Garima Chitkara | 13/09/2018

Regulators at the ISDA conference in Singapore expressed concern about Brexit uncertainty, but were cautiously optimistic that Asia would suffer only minimal impacts in transactions with the EU and UK.

Clearing & Post-Trade

CFTC Will Block Any Effort to Impose EMIR in the US: Giancarlo

By Garima Chitkara | 13/09/2018

Legislative efforts in the EU to bring non-EU clearinghouses under EMIR has elicited sharp responses from the CFTC chairman, who said that only US regulation can apply to US derivatives markets.