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Monetary Authority of Singapore (MAS)
Sustainability
SGFC co-director hopes new sustainable finance courses can deter ‘competence-washing’
“The government actually tells you: ‘Okay, if you want to claim you’re an expert, you need to take these courses.’”
July 11, 2024
Cybersecurity
Bank account OTPs logins to be phased out for digital token users within next three months
Digital tokens on browsers or mobile bank apps will become the only way to login.
July 09, 2024
Sustainability
MAS reports lower emissions from its developed market equities, corporate bonds portfolio
But the Weighted Average Carbon Intensity (WACI) of MAS’s emerging market equities portfolio rose slightly y-o-y.
July 04, 2024
Sustainability
MAS’s total emissions rise 14.3% y-o-y in FY2023/2024 with more business trips, but decarbonisation still ‘on track’
By FY2025/2026, MAS aims to cut Scope 1, Scope 2 and Scope 3 (business air travel) emissions by 17.5% from a FY2018/2019 baseline.
July 04, 2024
Digital Economy
MAS expands Project Guardian, Global Layer One initiatives to scale asset tokenisation for financial services
Among the plans are common asset tokenisation standards in fixed income, foreign exchange (FX), and asset and wealth management.
June 27, 2024
Global Economy
Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024
In other news this week, the World Bank raised its forecast for global growth this year on strong US expansion.
June 13, 2024
Singapore economy
Singapore economy expected to grow by 2.7% y-o-y in 2Q2024
In 2024, Singapore’s GDP is still expected to expand by 2.4%, unchanged from the previous survey.
June 12, 2024
Anti-money laundering
Singapore ramps up scrutiny of family offices, hedge funds
The government’s push to tighten various investment regimes has accelerated since March.
June 11, 2024
Anti-money laundering
Singapore banks probe rich clients after money-laundering case
The Monetary Authority of Singapore recently completed on-site inspections of some banks that were involved in the case.
June 10, 2024
Tong's Portfolio
An article for the masses ... the small-time investors and savers
Save in EPF or buy Singapore Savings Bonds.
June 06, 2024