MONETARY AUTHORITY OF SINGAPORE

Fintech / Regtech

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial

Capital / Liquidity

MAS Sets New Capital and Liquidity Rules for Market Infrastructure Firms

By Nithya Subramanian | 17/07/2025

The new rules require FMIs to comply with enhanced solvency and liquidity thresholds to reinforce operational continuity in stress scenarios.

AML / KYC

MAS Mandates 2FA for All Online Financial Accounts, Tightens Exemptions

By Manesh Samtani | 17/07/2025

MAS updates guidance to make two-factor authentication mandatory for all customers, shifting from a client-based to an access-based exemption model.

ESG / Sustainability

SSFA Launches Industry Guide on Applying Singapore-Asia Taxonomy

By Nithya Subramanian | 11/07/2025

The new guidance aims to strengthen transition financing across Southeast Asia by offering practical, industry-endorsed solutions.

Enforcement

MAS Bans Former Great Eastern Adviser for Forgery and Misconduct

By Nithya Subramanian | 11/07/2025

Jonathan Toh has been banned for five years by MAS after forging a client’s signature and misleading them about transferring an insurance policy.

ESG / Sustainability

MAS Sustainability Report Offers Update on Path to Net-Zero

By Nithya Subramanian | 10/07/2025

The report sets out MAS’ latest steps to align financial resilience with long-term climate and environmental goals.

ESG / Sustainability

Singapore Banks Unveil Asia’s First Nature-Climate Risk Study for Credit Portfolios

By Nithya Subramanian | 09/07/2025

The study revealed food and agriculture companies, such as plantations and millers, were more at risk to nature-related disruptions than integrated firms with diversified operations.

Fintech / Regtech

BIS Paper Offers Roadmap for Addressing Quantum Threat in Banking

By Manesh Samtani | 08/07/2025

A new BIS paper outlines a roadmap for banks and supervisors to counter quantum computing threats, urging an immediate start.

Securities / Derivatives

UK and Singapore Deepen Ties on Digital and Sustainable Finance

By Editors | 06/07/2025

Regulators to deepen collaboration on asset tokenisation and AI, while aligning on sustainable finance disclosures and capital market reforms.