Monetary Authority of Singapore

289 results about this entity

Period: 05 Aug 2010 - 15 Aug 2024

/regulation

MAS lifts six-month IT ban on DBS

Singapore's central bank has lifted restrictions on non-essential IT services imposed on DBS Bank in the wake of a series of disruptive outages that hit the bank's payments and ATM services last year.

/security

Monetary Authority of Singapore and Mastercard ink cybersecurity MoU

The Monetary Authority of Singapore (MAS) and Mastercard today signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

/regulation

Nuvei receives Singapore MPI license

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

/regulation

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism financing.

/wholesale

AI not ready for central bank policy making - MAS economist

Artificial intelligence is not ready to replace structural models for central bank policy making, according to the Monetary Authority of Singapore's chief economist.

/regulation

Currencycloud granted ‘In-Principle Approval’ for MPI Licence by the Monetary Authority of Singapore

Currencycloud, a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

/crypto

Bitstamp receives In-Principle License Approval in Singapore

Great news from the Monetary Authority of Singapore (MAS)! We’ve just received the In-Principle Approval (IPA), a crucial step towards obtaining our Major Payment Institution license.

/security

Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.

/sustainable

MAS launches multi-sector transition taxonomy

The Monetary Authority of Singapore (MAS) today launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors [1] .

/crypto

MAS chief rubbishes private crypto in speech

Private cryptocurrencies have failed the basic test of digital money and are likely to be in decline in the near future

/payments

Singapore strengthens regulatory measues for digital payment token services

The Monetary Authority of Singapore (MAS) today published its final tranche of responses to feedback received on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore.

/payments

Singapore and Malaysia connect real-time payment systems

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly launched the real-time payment systems linkage between Singapore’s PayNow and Malaysia’s DuitNow.