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Monetary Authority of Singapore (MAS)
Banking & finance
MAS among central banks to explore protocols for policy and regulatory compliance in cross-border transactions
The other central banks are the Reserve Bank of Australia, Bank of Korea and Bank Negara Malaysia.
October 05, 2023
Cryptocurrency
Ripple secures major payment institution licence
It received its in-principle approval in June.
October 04, 2023
Anti-money laundering
Singapore mulls family office rules as launderer ties probed
MAS is reviewing its internal incentive administration processes, and will tighten them where necessary, says Alvin Tan.
October 03, 2023
Cryptocurrency
MAS grants major payment institution licence to Sygnum Singapore
The licence allows Sygnum Singapore to activate the launch of its regulated Digital Payment Token brokerage service in the country
October 03, 2023
Fintech
UBS launches first live pilot of tokenised VCC fund as part of Project Guardian
The firm will be looking to execute further live pilot use cases under Project Guardian.
October 02, 2023
Sustainability
MAS panel discusses ways to phase out coal-fired power plants, adopt alternative fuels, attract private financing
MAS’s Sustainable Finance Advisory Panel met on Sept 26 and discussed possible financing mechanisms.
September 28, 2023
Environmental, Social and Governance
'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper
A new working paper sets out how high-integrity carbon credits can be used as a complementary financing instrument.
September 26, 2023
Singapore economy
Singapore’s headline inflation eases further to 4.0% while core inflation moderates to 3.4% in August (update)
Looking ahead, core inflation is expected to moderate further over the next few months, says MAS and MTI.
September 25, 2023
Banking & finance
MAS raises deposit insurance scheme to $100,000 in April
The boost by a third is from the existing level of $75,000.
September 22, 2023
Banking & finance
MAS publishes inaugural list of domestic systemically important insurers in Singapore
AIA Singapore, Income Insurance, Prudential and Great Eastern were named in MAS's list.
September 21, 2023