Monetary Authority of Singapore (MAS)

MAS and Bank Negara Malaysia launch cross-border QR payment link - THE EDGE SINGAPORE

Future of the economy

MAS and Bank Negara Malaysia launch cross-border QR payment link

This payment linkage will allow customers to make retail payments by scanning NETS QR and DuitNow QR codes.

Zest

MAS calls DBS disruption 'unacceptable' after 10-hour outage

The central bank adds that it has instructed DBS to conduct a thorough investigation to establish the root cause of the disruption
Analysts see 'final tightening' by MAS in April meeting after February's inflation figures - THE EDGE SINGAPORE

Singapore economy

Analysts see 'final tightening' by MAS in April meeting after February's inflation figures

This will be the sixth consecutive tightening move since October 2021.

Zest

Equity holders will absorb losses before holders of AT1 and Tier 2 capital instruments: MAS

MAS says it intends to stick to the hierarchy of claims in liquidation if it needs to exercise its powers to resolve an FI.

Sustainability

MAS's executive director Daniel Wang named the new chair of the UNDP convened SIF

Wang is also the current chair of the Climate Risk Steering Group at the IAIS.
(Update) Credit Suisse to continue operating in Singapore with 'no interruptions or restrictions': MAS - THE EDGE SINGAPORE

Credit Suisse crisis

Credit Suisse to continue operating in Singapore with 'no interruptions or restrictions': MAS (Update)

The takeover is not expected to impact the stability of Singapore’s banking system, says MAS.
Singapore’s banking system has 'insignificant exposures' to SVB and Signature Bank - THE EDGE SINGAPORE

Silicon Valley Bank fallout

Singapore’s banking system has 'insignificant exposures' to SVB and Signature Bank

The impact on Singapore start-ups is also "limited" based on initial feedback, says MAS.

Finance

Inflation, geoeconomics fragmentation and climate change are key uncertainties in investment business: Ravi Menon

Expectations by some market participants that central banks may start easing are “excessively optimistic”, says Menon.
Economists expect Singapore's GDP to grow by 1.9% in 2023: MAS survey - THE EDGE SINGAPORE

Singapore economy

Economists expect Singapore's GDP to grow by 1.9% in 2023: MAS survey

In the current survey, respondents also expect Singapore’s economy to grow by 1.3% in 1Q2023.

Management & Corporate Governance

MAS issues mandatory standards for corporate finance advisers

Corporate finance advisers play a key role safeguarding investor interests and the integrity of the capital markets
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