MAS

MAS partners industry to develop AI Risk Management Toolkit for the financial sector

The Monetary Authority of Singapore (MAS) has announced the successful conclusion of phase two of Project MindForge, which culminates in the publication of an Artificial Intelligence (AI) Risk Management Toolkit for the financial services sector.

MAS sets supervisory expectations on financial institutions for transition planning practices in addressing environmental risk

The Monetary Authority of Singapore (MAS) has on Thursday issued three Guidelines on Environmental Risk Management - Transition Planning to separately set out MAS’ supervisory expectations for banks, insurers and asset managers (collectively, FIs) to manage the transition and physical risks they and their portfolios face from climate change.

MAS proposes legislative and regulatory changes to facilitate dual listings on global listing board

The Monetary Authority of Singapore (MAS) is seeking feedback on proposed amendments to the Securities and Futures Act 2001 (SFA) and draft regulations to facilitate dual listings on the Global Listing Board.

MAS launches e-CNY pilot for Singapore travellers

Singapore and China have deepened financial cooperation through new RMB and capital market initiatives, including launching e-CNY pilot for Singapore travelers.

MAS and Deutsche Bundesbank sign MoU on tokenization and cross-border settlement

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank have on last Thursday signed a memorandum of understanding (MoU) regarding collaboration on cross-border digital asset settlement.

MAS announces successful trial settles interbank loans using wholesale Central Bank Digital currency

The Monetary Authority of Singapore (MAS) announced Thursday the successful completion of a live trial for settlement of interbank overnight lending transactions using wholesale Central Bank Digital Currency (CBDC) on the Singapore Dollar Test Network.

MAS issues guidelines for AI risk management

The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.

MAS and UK FCA announce partnership on AI-in-Finance

The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).

Singapore and Indonesia deepen collaboration in FinTech and digital financial assets

The Monetary Authority of Singapore (MAS) and the Otoritas Jasa Keuangan (OJK) have renewed their commitment to deepening collaboration in FinTech and strengthening financial cooperation by signing a memorandum of understanding (MOU) on cooperation in financial technology.

MAS appoints new assistant Managing Director for its Organization and People Development Group

The Monetary Authority of Singapore (MAS) announced last Thursday the appointment of Phua Wee Ling as Assistant Managing Director of its Organization and People Development Group.