Monetary Authority of Singapore

Singapore economy

MAS sets aside $400 mil for local talent boost

"If we do this right, our financial centre will continue to stay relevant and competitive"
Singapore seen to tighten Singdollar again 'very soon' as inflationary pressure grows - THE EDGE SINGAPORE

Singapore economy

Singapore seen to tighten Singdollar again 'very soon' as inflationary pressure grows

Instead of adjusting the Singdollar only, the government may have to consider other measures to contain inflation

Global Economy

Hiking rates early won’t mean catching a break later

The consequent risks of overdoing it and being forced into an about-face and cutting in 2023 — or earlier — are mounting.
MAS grants IPA for digital payment token licence to 3 crypto firms, including Crypto.com - THE EDGE SINGAPORE

Cryptocurrency

MAS grants IPA for digital payment token licence to 3 crypto firms, including Crypto.com

The three firms are Crypto.com, Genesis and Sparrowtech.

Covid-19

MAS updates business continuity guidelines for industry in bid to reduce disruption

The guidelines were first introduced back in 2003 amid the Sars pandemic and updated regularly since

Regulatory Action

MAS imposes civil penalty of $100,000 on individual for false trading of Aspial and Far East Orchard shares

Tan had pledged her Aspial and Far East Orchard shares as collateral for share margin purposes.

Cryptocurrency

Crypto: The good, the bad and the ugly

We have seen legitimacy conferred on platforms that take regulatory concerns seriously

Regulatory Action

Singapore's probe into Noble Group to conclude in 3Q, says MAS

Besides Noble, MAS says investigations on Hyflux, Eagle Hospitality Trust and nickel trading scam, are ongoing

Cryptocurrency

Singapore passes law to tighten rules for crypto providers

The new legislation will require virtual asset service providers in the city-state that only do business overseas to be licensed.
MAS bans crypto firms from handling Russian-linked transactions trying to circumvent sanctions - THE EDGE SINGAPORE

Russia-Ukraine crisis

MAS bans crypto firms from handling Russian-linked transactions trying to circumvent sanctions

Russians in other jurisdictions are reportedly trying to liquidate their crypto holdings and acquire other kinds of assets.
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