Ravi Menon

Blockchain

MAS Menon says blockchain 'not solution for every problem' but potential should be unlocked for 'deep economic or social impact'

SINGAPORE (Mar 7): Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), says the central bank is committed to partnering global financial institutions and companies to realise the potential of blockchain technology in Singapore.

Fintech

MAS aborts shared 'know your customer' project

SINGAPORE (Nov 12): The Monetary Authority of Singapore (MAS) has scrapped an industry-wide project for banks to share background and personal information of new customers under the “know-your-customer” or “KYC” checks.

Global Economy

MAS strikes upbeat tone amid trade tensions

(Oct 10): Global economic risks may have risen but there’s no need to overreact just yet, said Singapore’s central bank chief Ravi Menon.

Cryptocurrency

Singapore aids crypto firms seeking banks while staying vigilant

(Oct 10): Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country.

MAS chief Ravi Menon said to be shortlisted to head global financial watchdog

SINGAPORE (Oct 1): Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), is said to be in the running to head the Financial Stability Board, the watchdog for the global financial system, according to Bloomberg.

Fintech

MAS and US Commodity Futures Trading Commission to cooperate on fintech innovation

SINGAPORE (Sept 13): The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) on Thursday signed an arrangement to foster greater cooperation in fintech.

US-China trade war

Asian EMs better off than global peers, Singapore's Menon says

SINGAPORE (Sept 13): Emerging markets in Asia are in a stronger position than peers elsewhere because of solid economic growth prospects, low inflation and strong reserve buffers, said Singapore’s central bank chief.

Global Economy

MAS says global growth risks risen 'significantly'

SINGAPORE (July 4): Singapore’s central bank said tail risks to global economic growth have increased “significantly” in the past six months because of a pick-up in inflation and trade tensions.

1MDB Watch

Singapore's 1MDB-related probes ongoing, says Menon of MAS

SINGAPORE (July 4): Investigations into 1MDB-related criminal activities are ongoing in Singapore and authorities here have been actively sharing information with their counterparts in Malaysia, says Ravi Menon, managing director of the Monetary Authority

Singapore economy

Singapore poised to connect global investors to the region amid Asian growth, says MAS MD Ravi Menon

SINGAPORE (June 5): Singapore stands poised to connect global investors to the region, as Asia’s dynamism and growth look set to be the defining investment theme over the next decade, says Ravi Menon, managing director of the Monetary Authority of Singa
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