Tag "Monetary Authority of Singapore (MAS)"

NUS Offers Singapore’s First Masters and PhD Programmes in Fintech

The National University of Singapore (NUS) will offer two new graduate programmes in fintech in the new academic year, to help build a robust ecosystem of high-quality research talent and capabilities to support the fast-growing financial industry in Singapore. The

Read More

6 Key Takeaways From MAS’ New Technology Risk Management Guidelines

With the rising numbers and scale of cyberattacks, the Monetary Authority of Singapore (MAS) revised its technology risk management (TRM) guidelines on January 18,2021. The TRM guidelines apply to all financial institutions (FI) that MAS regulates, ranging from large ones

Read More

MAS and ABS Urges Financial Institutions to Manage Emerging Risks of Remote Working

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic. The “Risk

Read More

MAS and SGX Raises Red Flag Amidst US’ GameStop Trading Frenzy

The Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have urged the public to be on heightened alert to the risks related to trading in securities incited by online discussion forums and social media chat groups. MAS and

Read More

Singapore Police and MAS Launch Probe Into Crowdfunding Platform CoAssets

The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have launched a joint investigation into various companies under the CoAssets Group for possible offences under the Penal Code and the Securities and

Read More

MAS Revises Tech Risk Guidelines Amidst Heightened Cyber Attack Threats

The Monetary Authority of Singapore (MAS) has issued a revised Technology Risk Management guidelines in light of the recent spate of cyber attacks dominating the headlines. The revised guidelines focuses on addressing technology and cyber risks in financial institutions (FIs)

Read More

Singaporeans Encouraged to Hand Out E-Hong Baos for Lunar New Year

The Monetary Authority of Singapore (MAS) is encouraging Singaporeans to use e-hong baos, monetary gifts given in envelopes, during the coming Lunar New Year. This is in line with the safety measures currently in place due to COVID-19. E-hong baos

Read More

Here Are the Winners of MAS’ 2020 Global Fintech Innovation Challenge

The Monetary Authority of Singapore (MAS) has announced the results of the MAS Global FinTech Innovation Challenge 2020. The MAS Global FinTech Innovation Challenge comprises 2 distinct competitions; MAS Global FinTech Hackcelerator and MAS FinTech Awards with a total cash

Read More

Singapore and Hungary Central Banks Ink Fintech Cooperation Agreement

The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB) has signed a Co-operation Agreement (CA) to strengthen cooperation in fintech innovation between Singapore and Hungary. The CA sets out a framework for fintech collaboration between both countries.

Read More

Singaporeans Can Now Access All Their Financial Info Under One Roof With SGFinDex

The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) launched the Singapore Financial Data Exchange (SGFinDex), which will enable Singaporeans to consolidate their financial information for more effective financial planning. The launch was announced

Read More