Monetary Authority of Singapore

Operational Risk

DBS Experiences Disruption Days After MAS Lifts Restrictions

By Nithya Subramanian | 03/05/2024

Customers of the Singapore bank experienced internet banking and payment services disruptions for more than two hours on Thursday.

Tokenisation

Capital Markets Regulators Committed to Innovating With Tokenisation

By Nithya Subramanian | 02/05/2024

The UK FCA’s Rupert Harrison and Thai SEC’s Kris Tontipiromya discussed their tokenisation work at the recent Digital Assets Asia 2024.

Operational Risk

MAS Ends Six-Month Pause on Non-Essential Activities at DBS

By Nithya Subramanian | 02/05/2024

MAS will retain the additional capital requirement and “closely monitor” DBS Bank’s progress on the remaining deliverables.

Structural Regulation

Redomiciling VCC Funds to Singapore Can Be ‘Daunting’

By Nithya Subramanian | 02/05/2024

Besides navigating a complex maze of regulatory, tax and operational hurdles, the spectre of asset illiquidity during transition looms large.

Reporting & Disclosures

Common Green Fund Rules Remain Distant Dream

By ESG Investor | 01/05/2024

Investors call for greater clarity and certainty on regulatory expectations around sustainable finance disclosures.

Structural Regulation

Four Singapore BNPL Providers Receive Trustmark Accreditations

By Nithya Subramanian | 30/04/2024

The Trustmark indicates a service provider’s commitment to responsible lending and compliance with the BNPL Code of Conduct.

Conduct, Culture & Accountability

MAS Tightens Remuneration Disclosure Rule for REIT Managers

By Nithya Subramanian | 29/04/2024

MAS has removed the exemption provision and made it mandatory to disclose CEO and director remuneration in the annual report.

Structural Regulation

MAS Issues New Guidance on RFMC Transition

By Nithya Subramanian | 26/04/2024

New FAQs provide clarity on the application and assessment process and how existing RFMCs can ensure smooth functioning during the transition phase.

Sustainable Finance

AVPN Launches Social Investing Platform in Singapore

By Nithya Subramanian | 25/04/2024

ImpactCollab launched with MAS support, offering due diligence resources to facilitate impact investing and philanthropic giving.