Tag "Monetary Authority of Singapore (MAS)"

Singapore Financial Regulator Releases Updated Guide for ICOs

The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital Token

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MAS Explores the Concept of Sandbox Express

In keeping with their messaging of being open to experimentation the Monetary Authority of Singapore is exploring an “express version” of their fintech regulatory sandbox which was introduced in 2016. Dubbed the “Sandbox Express” the regulator is proposing  the creation of

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Singapore and Kazahkstan Signed an Agreement to Boost Fintech Innovations

While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest. The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS)

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APIX, a Global Marketplace for Cross-Border Fintech Services Officially Hits The Market

The often spoken about APIX has finally come to fruition, something the Monetary Authority of Singapore has been quite vocal about. It was launched following Narendra Modi’s keynote speech at the Singapore Fintech Festival, said to be one of the

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Meet The Winners of MAS’ Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) today announced three winners of the Global Fintech Hackcelerator, selected from the 20 finalists that presented their solutions at the third annual Singapore Fintech Festival. The Hackcelerator was supported by KPMG Digital Village. The

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MAS Completes Another Project Ubin Blockchain Trial with SGX

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities, its built for the settlement of tokenised assets across different blockchain platforms. The hope is that this will help simplify post-trade processes and further

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Swift Brings World Open Banking Sandbox For Fintechs

SWIFT in conjunction with Australia’s New Payments Platform (NPP) have launched a sandbox that allows independent fintechs to test the NPP network—an Australian, industry-wide infrastructure to enable almost real-time, 24/7 payments. The network is Australia’s bid to replace the clunky legacy infrastructure

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Fintech Regulation: New Law to Impact Mobile Wallet Operators in Singapore

Singapore is about to introduce a new law to prevent shadow banking by requiring mobile wallet operators and payments startups to ring-fence deposits so they don’t function as unregulated banks. In an exclusive interview (paywall) with the Business Times, Ravi Menon,

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How Singapore Measures Up To The Latest Fintech Buzzword: Artificial Intelligence

It’s been quite a few years since huge parts of our lives have ported over to digitalisation, and almost by accident, many organisations have accumulated swaths of data that they’ve more recently just realised could be turned into valuable analytics.

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MAS Issues Guidelines to Facilitate Provision of Digital Advisory Services

The Monetary Authority of Singapore (MAS)  issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.

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