Monetary Authority of Singapore (MAS)
Thailand cuts rates as coronavirus threatens growth prospects
Central bank lowers interest rates 25bp on concerns outbreak will hamper prices and tourist revenues; Asia-Pacific countries face strongest impact from the virus
BIS calls for wider adoption of FX Global Code
Some industry participants question the benefits of voluntary principles
Cyber stress tests reveal risks in Singaporean firms
Insurance firms report potential losses as high as $3.4 billion, while banks’ costs could hit 65% of quarterly profits
MAS urges vigilance amid rising risks
MAS flags leverage risk in businesses tied to trade and property, as risks to global financial stability rise
The pursuit of ‘fintecgrity’
Digital currencies, distributed ledgers and deep learning are set to transform the financial economy. How can regulators maintain integrity at the confluence of finance and technology?
Singapore may allow trading in bitcoin-based derivatives
MAS opens consultation on proposal to allow trading of “payment token derivatives”
BIS Singapore hub to focus on digital identities and regtech
Innovation hub launch marks first expansion of BIS’s “global footprint” in 17 years
MAS develops fintech information-sharing platform
Singapore partners with Canadian and French regulators; Banque de France opens new office in Singapore
MAS develops multi-currency blockchain network
Prototype developed in tandem with JP Morgan and Temasek enables payments to be carried out in different currencies
MAS makes rare policy tweak amid slowing global economy
MAS targets slower appreciation of Singapore dollar, the first such easing in more than three years
Swift conducts 13-second cross-border payment
Trials saw payments go from origination through to clearing and settlement in seconds
Singapore looks to establish term RFR by 2020
Swaps linked to overnight rate will help create term structure, says industry committee member
MAS launches initiative to help payment firms with compliance
Two-month pilot will help connect payment firms with legal service providers
Fintech and risk: what does the future hold?
Five key areas where regulators need to make judgements on fintech risks
MAS policy stance unchanged despite falling growth
Singaporean government cuts growth forecasts as analysts predict October rate cut
MAS issues ‘cyber hygiene’ rules; eases sandbox barriers
Regulator aims to prevent cyber crime through basic measures while offering some fintechs access to its sandbox within 21 days
BIS to set up three fintech innovation hubs
New hubs will be set up in Hong Kong, Singapore and Basel
MAS triples yearly profit, but warns growth may fall
Singaporean central bank says US-China tensions may cut GDP growth
UK and Singapore to collaborate on cyber security
BoE, FCA and MAS say they will investigate ways to share information and potentially staff
Three Asian central banks rebuff US claims of currency manipulation
Singapore, Malaysia and Vietnam respond to being placed on US Treasury watch list
How Singapore manages its reserves
MAS managing director Ravi Menon explains Singapore’s total approach to reserve management, which includes the use of customised fixed income benchmarks and tapping into external investment expertise
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
MAS uses machine learning to spot market manipulation
Apollo tool uses data based on past misconduct cases to spot suspicious patterns
Triple reserve managers safeguard Singapore’s stability – Ravi Menon
Menon explains the separate roles of the three institutions managing national financial resources