Tag "Monetary Authority of Singapore (MAS)"
Alvin Tan: MAS’ Framework on Loss-Sharing for Scam Victims Taking Longer Than Expected
The Monetary Authority of Singapore (MAS) found that it is taking longer than expected to design a fair and effective framework for the equitable sharing of losses resulting from scams, Minister of State for Trade and Industry Alvin Tan said
Read MoreMAS Sets up ESG Impact Hub to Drive Industry Collaboration
The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to drive collaboration and co-location between ESG fintech startups and solution providers, financial institutions and real economy stakeholders. The launch was officiated by Ravi Menon, Managing Director of
Read MoreMAS Works Closely With the Police to Combat Crypto Scams
The Monetary Authority of Singapore (MAS) has remained vigilant to combat rising cryptocurrency scams in the country, said Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS in a parliamentary reply. He added that MAS regularly conducts surveillance to
Read MoreClose to 500 Cases of Phishing Scams Involving PayNow Transactions Reported in 2021
There were 477 cases of banking related phishing scams involving PayNow transactions in 2021 with a median loss of S$3,400, according to statistics from the Singapore Police Force. Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority
Read MoreMAS Launches S$5 Million Grant to Fund Scalable Blended Finance Solutions
The Monetary Authority of Singapore (MAS) and Convergence Blended Finance, a global network for blended finance, announced the launch of a S$5 million Asia Climate Solutions Design Grant at the inaugural Transition Finance Towards Net Zero (TFNZ) conference yesterday. Hosted
Read MoreHere’s What You Need to Know About Singapore’s Talent in Finance Programme
The Monetary Authority of Singapore (MAS) says that leadership development is an important area of focus for the Talent and Leaders in Finance (TLF) programme under the Financial Services Industry Transformation Map 2025. The Financial Sector Development Fund (FSDF) has
Read MoreIMDA and MAS Seeks Feedback to Bolster the SGQR’s Interoperability
The Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS) are seeking feedback on making the Singapore Quick Response Code (SGQR) more interoperable. The consultation paper seeks views on IMDA’s and MAS’ proposals to introduce a set
Read MoreMAS Collaborates With India’s IFSCA to Drive Fintech Innovation
The Monetary Authority of Singapore (MAS) and India’s International Financial Services Centres Authority (IFSCA) has signed a co-operation agreement to facilitate regulatory collaboration and partnership in fintech. Based in Gujarat, IFSCA is a unified authority for the development and regulation
Read MoreMAS to Level Up Singaporeans’ Financial Health With New MoneySense Campaign
MoneySense’s “Level Up Your Financial Health” campaign has launched and will run until end November with in-person and mass media education programmes, as well as complimentary financial planning services and tools on its website. Created in 2003, MoneySense is Singapore’s
Read MoreMAS and SGX Group Launch ESG Data Portal ESGenome to Streamline Sustainability Reporting
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) jointly launched ESGenome, a digital Environmental, Social and Governance (ESG) disclosure portal. ESGenome is a Software-as-a-Service (SaaS) solution operated by World Wide Generation (WWG) that will help SGX-listed companies
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