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Monetary Authority of Singapore (MAS)
Special Feature
The world’s longest-standing crypto exchange says regulation is key for long-term sustainability of any crypto business
From Mt. Gox and BitConnect to FTX, it is unsurprising that investors are questioning the integrity of the entire ecosystem.
December 23, 2022
Fintech
Keeping abreast of MAS’s collaborative fintech projects
These projects — many of which are ongoing — involve the areas of remittance, atomic settlement and programmable money.
December 16, 2022
Financially Savvy
Insurance agent receives PO from financial advisory services for cheating
Former Great Eastern representative Selvarajulu Subramaniam was convicted of four counts of cheating in 2021.
December 14, 2022
Singapore economy
Challenging global environment and heightened economic uncertainties could impact credit quality in quarters ahead: MAS
In its FSR, MAS also warned that the Singapore economy is expected to slow to a pace that’s “below-trend” in 2023.
November 25, 2022
Fintech
Experian appointed to perform creditworthiness checks on buy now, pay later users
Experian will operate the BNPL bureau in Singapore with all accredited BNPL players sharing users’ credit information.
November 24, 2022
Singapore economy
October's headline inflation eases to 6.7% while core inflation eases to 5.1%
For 2022, CPI-All Items inflation is expected to average around 6.0% while MAS Core Inflation is expected to average around 4.0%.
November 23, 2022
Cryptocurrency
'Dealing in any cryptocurrency… is hazardous', says MAS following FTX.com debacle
The Bahamas-based crypto exchange filed for bankruptcy on Nov 11 and is said to owe nearly US$3.1 billion to its top 50 creditors.
November 21, 2022
Company in the news
Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA
DBS Bank was also probed for its role as issue manager in Hyflux's 2011 fundraising but no further action will be taken
November 17, 2022
Cryptocurrency
FTX.com does not operate in Singapore, MAS clarifies
The MAS is carefully reviewing the licensing application of FTX.com’s subsidiary Quoine, taking into account recent developments.
November 14, 2022
Fintech
MAS outlines five desired outcomes of Singapore fintech collaboration
Asset tokenisation has transformative potential, says MAS MD Ravi Menon.
November 03, 2022