Tag "Monetary Authority of Singapore (MAS)"

MAS, SEC Thailand Boosts Cross-Border Investment With Stock Markets’ Linkage

The Monetary Authority of Singapore (MAS) has joined forces with the Securities and Exchange Commission of Thailand to enhance connectivity between the two markets for increased cross-border investment opportunities for investors. The regulators announced the launch of the Thailand-Singapore Depositary

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Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low

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MAS Appoints Chief Sustainability Officer to Helm New Sustainability Group

The Monetary Authority of Singapore (MAS) announced the formation of a new Sustainability Group and the appointment of Dr Darian McBain as its Chief Sustainability Officer, with effect from 1 October 2021. The new Sustainability Group helmed by Dr McBain

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DPM Heng Swee Keat Reiterates Mission to Nurture Fintech Talents With AIDF

The Asian Institute of Digital Finance (AIDF) has been officially launched in Singapore by Heng Swee Keat, the Deputy Prime Minister and Coordinating Minister for Economic Policies. The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the

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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List

The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token

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London Stock Exchange Sets up Sustainability-Focused Finance Unit in Singapore

London Stock Exchange Group (LSEG) has launched a dedicated sustainable finance innovation unit in Singapore as a part of its new LSEG Labs network. According to LSEG, the unit will be focused on creating sustainable finance capabilities to accelerate innovation

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Digital Payment Token Services Among Three New Licenses Granted to FOMO Pay

FOMO Pay, a QR code payment solution provider in Singapore, has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities. Starting today, merchants can now leverage on FOMO Pay services to accept

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Hong Kong’s Hex Trust Secures Digital Custody License From MAS

Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.

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US, MAS Announce Cybersecurity Cooperation During Kamala Harris’ Visit

The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) has finalised a bilateral Memorandum of Understanding (MoU) on cybersecurity cooperation during US Vice President Kamala Harris’ visit to Singapore. MAS said in a statement that

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MAS Set to License DBS’ Brokerage Arm for Digital Payment Token Services

DBS Vickers (DBSV), the brokerage arm of DBS Bank, has received in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide digital payment token services. DBSV is one of the first few financial

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