Monetary Authority of Singapore

Crypto / Digital Assets

Singapore, Malaysia Take More Open Stances on Cryptocurrency

By Editors | 09/11/2017

MAS executive director says ICOs could be an example for securities markets; Malaysia to consider secondary market for digital assets.

Market Infrastructure

Singapore and China Regulators to Increase Mutual Market Supervision

By Editors | 06/11/2017

Regulators will develop framework for supervising fund managers, share information and staff amid increasing capital market ties.

Enforcement

1MDB Saga Rumbles on in Singapore with Bans for Ex-Maybank, NRA Capital Staff

By Editors | 02/11/2017

Individuals banned for six years after conviction for 1MDB-related bribe; former representative of BSI Bank faces lifetime ban.

Capital / Liquidity

Singapore Proposes Liquidity Risk Management Rules for Fund Managers

By Samuel Riding | 30/10/2017

MMFs will face more enforceable requirements than other portfolios, including rules on average maturity, 1-day/5-day redemption.

Fintech / Regtech

Old Rivals Hong Kong, Singapore Launch Fintech Tie-up

By Editors | 26/10/2017

Decision to work together on distributed ledger, other fintech initiatives belie reputed rivalry between two financial centres.

Fintech / Regtech

Singapore Enters 2nd Phase of Blockchain-based Payments Trial

By Editors | 09/10/2017

Trial has already been completed on interbank transfers; blockchain programme will be extended to include securities sector as well as payments.

AML / KYC

Standard Chartered Guernsey-Singapore Transfers Under Investigation

By Editors | 09/10/2017

Authorities suggest bank may have conducted $1.4bn of transfers to Singapore to avoid being caught under Common Reporting Standard.

Capital / Liquidity

Hong Kong Belatedly Joins Singapore in Pushing Back IRRBB

By Editors | 28/09/2017

Implementation delayed by a year as firms say they might not have met original deadline due to having to make substantial changes to reporting systems.

Fintech / Regtech

ASEAN Fintechs, Banks Set up Pan-regional Sandbox to Boost Financial Inclusion

By Samuel Riding | 21/09/2017

Sandbox board includes ASEAN Bankers Association, Monetary Authority of Singapore and is being advised by Intel, Microsoft Asia Pacific and IBM Philippines.