Crypto exchange OKX snags major payment institution licence from MAS
THE Monetary Authority of Singapore (MAS) granted OKX in-principle approval for a major payment institution (MPI) licence on Wednesday (Mar 13).
New Bill gives MAS wider investigative, supervisory powers over financial services sector
THE Monetary Authority of Singapore (MAS) will have wider investigative and supervisory powers over the financial industry, with a new Bill passed...
BT Explains: Has MAS policy tightening hurt Singapore exports?
HAS Singapore’s export competitiveness been hurt by the strong Singapore dollar appreciation in recent years, and was this enabled by the tightening...
Local remittance firm surrenders licence, to shut down amid investigations for suspected fraud
A REMITTANCE business is planning to wind up amid investigations into the firm and its employees for suspected fraudulent trading, along with...
SIC raps A&G, DBS for whitewash bungle, but it was Mapletree sponsor that gave sweeter terms
FOR many investors, the most significant aspect of the merger of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT)...
SIC flags breaches by advisers Allen & Gledhill, DBS during 2022 Mapletree merger
LAW firm Allen & Gledhill (A&G) and DBS were found to have breached the Singapore Code on Take-overs and Mergers while acting...
MAS seeks to reduce client information collected by financial institutions for some insurance products
THE Monetary Authority of Singapore (MAS) is seeking feedback on proposals to cut down on the amount of information that financial institutions...
MAS maintains monetary policy as expected, lowers headline inflation forecast
SINGAPORE’S central bank left monetary policy settings unchanged on Monday (Jan 29), extending the pause from its 2023 meetings and maintaining a...
Economists expect unchanged monetary policy in January even as December core inflation edges up to 3.3%
ECONOMISTS continue to expect the Monetary of Singapore (MAS) to maintain its monetary policy settings at its January review, even as December...
New MAS chief launches sustainable finance body to deepen cross-sector collaboration
AN ASSOCIATION for sustainable finance professionals has been set up in Singapore to support the city-state’s transition to a low-carbon economy.