Tag: Monetary Authority of Singapore
Singapore’s MAS introduces stricter regulations for digital payment token services
The Monetary Authority of Singapore (MAS) has recently unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore.
Singapore’s single family offices to face strengthened AML controls
The MAS has initiated a consultation on a framework to bolster the surveillance and defence against money laundering risks in Singapore's SFO sector.
UK and Singapore boost collaboration in sustainable finance and FinTech initiatives
At the recent 8th UK-Singapore Financial Dialogue held in London, the United Kingdom and Singapore underscored their commitment towards enhancing collaborative efforts.
The Dialogue acted...
Singapore’s MAS launches Veritas Toolkit 2.0 for responsible AI in FinTech
Singapore's MAS presented a cutting-edge, open-source tool for encouraging the ethical utilisation of AI within the financial sector.
Asia-Pacific defies global FinTech funding decline: How it stands out in...
There has been a global trend within FinTech over the past year – a drop in total funding volume. However, Asia seems to be defying this trend.
MAS releases use case for AI combating greenwashing
The Monetary Authority of Singapore (MAS) has released the first use case of its NovA!, which aims to combat greenwashing.
Monetary Authority of Singapore launches project to see economic potential of...
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a collaborative initiative with the financial industry aimed at exploring the economic potential and value-add of asset tokenisation.
MAS unveils assessment methodologies for responsible AI use in financial services
The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.
MAS provides consultation response to credit bureau, reporting regulations
The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
MAS director bullish about Asia’s economic recovery past Covid-19
The Monetary Authority of Singapore's deputy managing director is confident in Asian markets' ability to recover past the pandemic, but warns that there are still challenges ahead.
