Monetary Authority of Singapore

Cryptocurrency

MAS Issues Clarification on DTSP Regulatory Regime

By Manesh Samtani | 06/06/2025

Existing licensed firms are not impacted by the new rules, which target firms that exclusively serve overseas clients from Singapore.

Payments & Settlements

Singapore Eyes Increased Connectivity to Boost Competitiveness

By Nithya Subramanian | 05/06/2025

Minister Chee Hong Tat discusses Singapore’s push to stay competitive by strengthening trust, deepening regional links, and streamlining financial regulations.

KYC & CDD

Singapore Sharpens Focus on Source of Wealth Due Diligence

By Manesh Samtani | 05/06/2025

New guidelines in Singapore call for more robust source of wealth checks in banking and wealth management, experts say.

Anti-Money Laundering

Singapore Court Allows 1MDB’s $394m Claim Against BSI Bank to Proceed

By Nithya Subramanian | 04/06/2025

The court rejected BSI Bank’s bid to strike out the case, allowing 1MDB and Brazen Sky Limited to seek compensation.

Cryptocurrency

MAS Tightens Grip on Crypto Firms Serving Overseas Clients

By Manesh Samtani | 02/06/2025

MAS finalises rules imposing strict licensing and compliance standards on Singapore-based digital token service providers serving overseas investors.

Conduct, Culture & Accountability

Singapore Appoints Committee to Review Corporate Governance Code

By Editors | 30/05/2025

Committee to examine board independence, diversity, and sustainability disclosures, ensuring Singapore remains a trusted global financial hub.

Market Abuse

Singapore Court Jails Trader for Market Manipulation

By Nithya Subramanian | 29/05/2025

Calvin Gan traded illiquid stocks on SGX by exploiting a trading algorithm used by Merrill Lynch. He used fake orders to profit from its automated responses.

Trading & Investment

MAS to Shortlist Managers for Market Development Fund by Q3

By Nithya Subramanian | 29/05/2025

MAS has drawn strong interest from global and regional asset managers for its SGD 5 billion programme aimed at revitalising the local stock market.

CBDCs

BOK Pushes Banks on CBDC Trials, Weighs Stablecoin Risks

By Manesh Samtani | 29/05/2025

Bank of Korea urges commercial lenders to join CBDC pilots, explores private stablecoin integration amid capital outflow concerns.