MAS

Singapore's asset management industry grew at slower 5.4% pace to S$3.4 trillion last year: MAS

DESPITE a challenging year for global financial markets in 2018, Singapore’s assets under management (AUM) increased further by 5.4 per cent to S$3.44 trillion, according to an annual poll by the...

A crypto firm hopes to get a Singapore banking licence

SINGAPORE (BLOOMBERG) - Cryptocurrency-related financial services are hard to find in Singapore, as digital assets are a market traditional lenders have tended to avoid. Sygnum, one of the first...

Sandbox Express launched for faster testing of financial products

An initiative to provide firms with a faster option to test innovative financial products and services in the market was launched yesterday.

DBS confident in fending off digital challengers

DBS is "relatively confident" about taking on digital bank challengers, as it is fairly advanced in terms of its digital capabilities and solutions on the back of its headstart, said CEO Piyush...

Singapore chosen by Bank for International Settlements for innovation hub centre

SINGAPORE - The Bank for International Settlements (BIS), the global bank for central banks, will establish an innovation hub centre in Singapore in a move that Singapore's central bank said...

Singtel, Grab and Razer to study feasibility of applying for digital banking licence

Industry and digital players will be studying closely how a digital bank will complement their businesses in what has been described as one of the biggest policy moves in Singapore's bank...

Singapore to allow digital banks; MAS issuing up to 5 new licences: Tharman

The new licences are in addition to any digital banks local lenders have set up under the existing Internet banking framework.

Grab eyes Singapore banking licence as MAS studies virtual banks: sources

[SINGAPORE] Grab, South-east Asia's most valuable startup, is exploring a move into Singapore banking as regulators in the South-east Asian city-state consider allowing online-only banks, four...

Blockchain capital markets platform iSTOX enters MAS fintech sandbox; sets up legal panel

SINGAPORE - Capital markets platform iSTOX, designed by blockchain-based infrastructure company ICHX Tech, has been admitted into the Monetary Authority of Singapore (MAS)'s FinTech Regulatory...

MAS signs pact to bolster S'pore-China fintech collaboration

Academic exchanges and research cooperation in the fast-growing area of fintech received a boost yesterday with the signing of a new agreement.