Tag "Monetary Authority of Singapore (MAS)"

Revolut Enlists London-Based Regtech for Help in Complying With MAS’ Regulations

Revolut, a digital-only bank from the UK, announced that it has signed an agreement with ClauseMatch. Following a trial period, Revolut is adopting the regulatory technology also from London to streamline management of internal policies, controls and regulatory compliance—including the bank’s upcoming launch

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Monetary Authority of Singapore Halts ICO over Regulatory Breach

The Monetary Authority of Singapore (MAS) has warned an initial coin offering (ICO) issuer not to proceed with its securities token offering in Singapore until it can fully comply with regulatory requirements under the Securities and Futures Act (SFA). MAS

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MAS Sets Aside SGD$75 M to Position Singapore as Asia’s Centre for Capital Raising

The Monetary Authority of Singapore (MAS) will launch a new S$75 million Grant for Equity Market Singapore (GEMS) next month Mr Heng Swee Keat, Minister for Finance and MAS Board Member, highlighted Singapore’s vision to serve as Asia’s centre for

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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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