Monetary Authority of Singapore (MAS)

Anti-money laundering

Singapore mulls family office rules as launderer ties probed

MAS is reviewing its internal incentive administration processes, and will tighten them where necessary, says Alvin Tan.

Cryptocurrency

MAS grants major payment institution licence to Sygnum Singapore

The licence allows Sygnum Singapore to activate the launch of its regulated Digital Payment Token brokerage service in the country

Fintech

UBS launches first live pilot of tokenised VCC fund as part of Project Guardian

The firm will be looking to execute further live pilot use cases under Project Guardian.
MAS panel discusses ways to phase-out coal-fired power plants, adopt alternative fuels, attract private financing - THE EDGE SINGAPORE

Sustainability

MAS panel discusses ways to phase out coal-fired power plants, adopt alternative fuels, attract private financing

MAS’s Sustainable Finance Advisory Panel met on Sept 26 and discussed possible financing mechanisms.
'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper - THE EDGE SINGAPORE

Environmental, Social and Governance

'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper

A new working paper sets out how high-integrity carbon credits can be used as a complementary financing instrument.
Singapore’s headline inflation eases further to 4.0% while core inflation moderates to 3.4% in August - THE EDGE SINGAPORE

Singapore economy

Singapore’s headline inflation eases further to 4.0% while core inflation moderates to 3.4% in August (update)

Looking ahead, core inflation is expected to moderate further over the next few months, says MAS and MTI.

Zest

MAS raises deposit insurance scheme to $100,000 in April

The boost by a third is from the existing level of $75,000.

Zest

MAS publishes inaugural list of domestic systemically important insurers in Singapore

AIA Singapore, Income Insurance, Prudential and Great Eastern were named in MAS's list.

Zest

Major retail banks in Singapore have enhanced their security measures against malware scams: ABS

The banks will also progressively introduce refinements or new measures to keep pace with changes in the threat landscape.
Prominent banker Elizabeth Sam has passed on at 84 - THE EDGE SINGAPORE

Obituary

Prominent banker Elizabeth Sam has passed on at 84

Sam became the first female board member of a Big Four bank in Singapore when she joined OCBC's main board in October 1996.
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