Monetary Authority of Singapore (MAS)

Global Economy

Briefs: Smaller rate hikes expected ahead, says Fed chair Powell

In other news, MAS's Ravi Menon says Singapore can absorb record inflows of new money; DBS to tap into new digital asset platform.
New climate finance accelerator to help build an ecosystem to advance sustainability in Asia - THE EDGE SINGAPORE

Digital Economy

New climate finance accelerator to help build an ecosystem to advance sustainability in Asia

The accelerator by Google Cloud, MAS and KPMG aims to channel capital toward firms with market-ready climate fintech solutions.
MAS announces 'Project Ubin+', global initiative on CBDC-based cross border exchange and settlement - THE EDGE SINGAPORE

Fintech

MAS announces 'Project Ubin+', global initiative on CBDC-based cross border exchange and settlement

The MAS will collaborate with international partners to explore a broader range of atomic settlement solutions.
Individuals now able to access insurance data on enhanced SGFinDex - THE EDGE SINGAPORE

Fintech

Individuals now able to access insurance data on enhanced SGFinDex

Users can now access their life, accident and health insurance under various insurance providers through one platform.
MAS and MOF launch eGuarantee@Gov to digitalise banker’s guarantees and insurance bonds - THE EDGE SINGAPORE

Digital Economy

MAS and MOF launch eGuarantee@Gov to digitalise banker’s guarantees and insurance bonds

The Monetary Authority of Singapore (MAS) and the Ministry of Finance (MOF) has launched eGuarantee@Gov on Nov 2.

Bonds and treasuries

Inflation-fighting central bank powers rally in Singapore bonds

The city state’s sovereign bonds have gained 1.9% in October, the most since April 2020.

Digital Economy

MAS to test concept of purpose-bound digital SGD at SFF 2022 and through other means

The central bank had released a report detailing the uses of purpose-bound digital SGD.

Forex

Singapore retains position as third largest global forex centre

According to the MAS, Singapore’s share of global FX volumes also rose 1.8 percentage points y-o-y.
SGX RegCo launches public consultation on nine-year independent director terms, explicit salary disclosures - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo launches public consultation on nine-year independent director terms, explicit salary disclosures

MAS already imposes a hard nine-year tenure cap on IDs of Singapore-incorporated banks, insurers and managers of REITs.

Singapore Fintech Festival 2022

Sustainability launches aplenty at MAS, new CSO appointed

“Promoting sustainable finance and climate resilience have grown significantly in the last two years as areas of priority.”
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