MONETARY AUTHORITY OF SINGAPORE

ESG / Sustainability

Singapore’s Banks Embrace the Singapore-Asia Taxonomy

By Nithya Subramanian | 19/03/2025

MAS information paper reveals how banks are referencing the taxonomy in their sustainable financing frameworks.

Fintech / Regtech

MAS Engaging with Chocolate Finance Over Suspended Withdrawals

By Nithya Subramanian | 14/03/2025

MAS said it will continue to engage Chocolate Finance to ensure that all customer withdrawals will be met in an “orderly fashion”.

Crypto / Digital Assets

SGX to List Bitcoin Perpetual Futures in H2 2025

By Nithya Subramanian | 11/03/2025

The new contracts, which are pending regulatory approval, will be available only to institutional clients and professional investors.

AML / KYC

MAS Asks Banks to Improve Commodity Financing Risk Controls

By Nithya Subramanian | 07/03/2025

MAS shared its findings from thematic inspections, highlighting areas where banks and finance companies need to improve.

Crypto / Digital Assets

MAS Grants MPI Licences to Units of Hex Trust, Matrixport

By Nithya Subramanian | 07/03/2025

Both Hex Trust and Matrixport received approval for their Singapore operations after receiving in-principle approvals last year.

Fund Managers Facings Singapore Approval Delays: Report

By Nithya Subramanian | 25/02/2025

A surge in applications has extended wait times for fund manager approvals in Singapore to nearly eight months, surpassing the regulator’s six-month target.

Market Infrastructure

Singapore Unveils Measures to Strengthen Equities Market

By Nithya Subramanian | 24/02/2025

The measures include establishing a S$5 billion market development fund, modifying the Global Investor Programme, and transitioning to a disclosure-based regulatory framework.

Fintech / Regtech

Budget 2025: Singapore Unveils Measures to Boost Stock Market

By Nithya Subramanian | 19/02/2025

Singapore will also set up a S$1bn private credit growth fund and allocate S$150mn to help companies improve their AI capabilities.

Fintech / Regtech

Singapore Issues Warning on Unauthorised Mobile Wallets Transactions

By Nithya Subramanian | 19/02/2025

Banks will require additional verification such as in-app controls or digital token authentication for provisioning cards onto mobile wallets.