Tag "MAS"
MAS And ABS Lead Consortium To Harness Blockchain Technology For More Efficient Inter-Bank Payments
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity
Read MoreParliamentary Question On The Use Of Cryptocurrency In Singapore And Measures To Regulate Cryptocurrency And ICO’s
Question: To ask the Minister for Finance (a) how prevalent is the use of cryptocurrency in Singapore; and (b) what measures will MAS introduce to regulate Initial Coin Offerings (ICOs). Name and Constituency of Member of Parliament: Answer by Mr
Read MoreMAS Announces Finalists for the Global FinTech Hackcelerator and FinTech Awards
The Monetary Authority of Singapore (MAS) announced the finalists for the 2017 Global FinTech Hackcelerator and FinTech Awards. The Global FinTech Hackcelerator and FinTech Awards are among the highlights of this year’s Singapore FinTech Festival, which will take place in
Read MoreSingapore and Japan establish FinTech Cooperation Framework
The Monetary Authority of Singapore (MAS) and the Financial Services Agency (FSA) of Japan announced the establishment of a Co-operation Framework to enhance FinTech linkages between both countries. The Framework enables MAS and FSA to refer FinTech companies in their
Read MoreMAS Conclusion about Distributed Ledger Technology in Securities Settlement and Cross Border Payments
The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using distributed ledger technology (DLT). The project, in partnership with R3 and a consortium of financial institutions, was first announced on 16
Read MoreOurCrowd an Equity Crowdfunding Opens Singapore Office and Appoints new MD
OurCrowd, an equity crowdfunding, announced that it has opened an office in Singapore, its seventh worldwide, to serve the growing community of Asian investors interested in funding early stage high-growth companies. It has appointed Denes Ban, a successful entrepreneur and
Read MoreFS-ISAC and MAS Establish APAC Intelligence Centre For Analysing Cyber Threat Information
The Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Monetary Authority of Singapore (MAS) announced that they will collaborate to establish an Asia Pacific (APAC) Regional Intelligence and Analysis Centre to encourage regional sharing and analysis of cybersecurity
Read MoreMAS Will Provide Strong Support For ‘Proof of Concept’ Trials
Mr Tharman Shanmugaratnam, Deputy Prime Minister and Chairman, Monetary Authority of Singapore, delivered a speech at the FinTech Awards on 17 November 2016. The speech honoured winners from two competitions organised as part of the inaugural Singapore FinTech Festival: the
Read MoreThe 10 FinTech Award Singapore Winners, 250’000 goes to….
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded 10 FinTech companies a total of S$1.15 million at the FinTech Awards. Organised as part of the Singapore FinTech Festival, the FinTech Awards recognise innovative
Read MoreMAS Issues “Regulatory Sandbox” Guidelines for FinTech Experiments
The Monetary Authority of Singapore (MAS) published its “regulatory sandbox” guidelines to encourage and enable experimentation of solutions that utilise technology innovatively to deliver financial products or services. The guidelines incorporate feedback from the public consultation as well as learning
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