MAS
MAS’s MD sees uncertainties amid AI investment boom
The head of the Monetary Authority of Singapore (MAS) on Monday warned of uncertainties surrounding the sustainability of the global artificial intelligence (AI) investment boom, citing rising computing costs, financing risks and the possibility of technology disruption or regulatory intervention.
MAS, IBF roll out young talent program for AI in finance
Monetary Authority of Singapore (MAS) and Institute of Banking and Finance (IBF) have on Tuesday launched the Young Talent Program for AI in Finance (YTP-AIF), with plans to offer more than 1,000 internship and traineeship positions through structured programs over the next year starting from August.
Singapore introduces framework to facilitate SGX dual listings
Singapore has introduced amendments to its Securities and Futures Act (SFA) to establish a new legislative framework for dual listings on the Singapore Exchange (SGX), as the city-state seeks to boost the competitiveness of its equities market and strengthen its standing as a global financial center.
MAS collaborates with banking industry to use AI in fighting against financial crime
The Monetary Authority of Singapore (MAS) has on Monday announced that it is working with partners in the banking industry, the Government Technology Agency of Singapore, and the Singapore Police Force to combat financial crime, using artificial intelligence and machine learning (AI/ML) techniques to enhance scam detection capabilities.
Singapore enhances regulatory framework to facilitate dual listings on the exchange
The Monetary Authority of Singapore (MAS) has on Thursday issued its response to the public consultation on proposed amendments to the Securities and Futures Act 2001 (SFA) to facilitate dual listing arrangements on the Singapore Exchange (SGX).
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.
