Search Results for: Monetary Authority of Singapore (MAS)
ICE Clear Singapore announces first three clearing members
June 25th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that KGI Ong Capital Pte. Ltd., Phillip Futures Pte Ltd and UOB Bullion and Futures Limited (UOBBF) have been approved as the first three ...
Act with extreme caution when you are about to invest in cryptocurrencies
December 20th, 2017
Following the announcement issued by the Canadian Securities Administrators for the risks associated with cryptocurrency futures contracts, the Monetary Authority of Singapore (MAS) has issued an announcement to advise the public to act with extreme caution and understand the ...
MAS Sets Up International Advisory Panel for Cyber Security
September 20th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world. The CSAP will advise MAS on strategies to enhance the cyber resilience ...
MAS and ASBA sign FinTech MoU
June 9th, 2017
The Monetary Authority of Singapore (MAS) and the Association of Supervisors of Banks of the Americas (ASBA) today signed a FinTech MoU (Memorandum of Understanding) to bolster FinTech ties between Singapore and the Americas. The MOU provides a framework ...
Development of FinTech innovation within the ASEAN region; IFC and MAS collaboration
May 24th, 2017
IFC and Monetary Authority of Singapore Collaborate to Advance FinTech Innovation in Asia IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation, agreeing to work together to establish ...
Another market regulator warns for the risks in trading of Binary Options with unregulated platforms
March 14th, 2017
The Monetary Authority of Singapore (MAS) today issued a warning to investors on the trading of binary options with unregulated platforms. This comes in the wake of an increase in the number of complaints from investors who have suffered ...
MAS announced changes to Finance Companies Regulations
February 14th, 2017
The Monetary Authority of Singapore (MAS) announced today regulatory changes to strengthen the resilience of finance companies and enhance their ability to provide financing to small and medium sized enterprises (SMEs). Relaxation of business restrictions with enhanced prudential standards ...
There’s a mega drive to make this Indian City a FinTech Hub
January 25th, 2017
‘Plan to create a world-class technology ecosystem to encourage startups’ A mega drive is being launched to attract investments in digital banking, data analytics, Blockchain and cyber security to make Visakhapatnam a prominent FinTech hub of India. A FinTech ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
