Archives

May 31, 2026 @ 3:05 am By Michael Wong  |  

Singapore’s central bank said it has issued a circular guiding financial institutions to establish a client’s source of wealth in a risk-proportionate way, as part of efforts to make account opening in the wealth management industry more efficient while maintaining sound regulatory standards. The Monetary… Read More

May 3, 2026 @ 11:28 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has moved forward with proposed changes to the Securities and Futures Act 2001 that would make it easier for companies to pursue dual listings on the Singapore Exchange and overseas markets. The proposed framework is designed to support the… Read More

April 26, 2026 @ 5:40 pm By Michael Wong  |  

Robinhood (NASDAQ:HOOD)  has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer brokerage services in the city-state, marking a key step in the U.S.-based fintech firm’s expansion into Asia’s fast-growing retail investment market. The approval allows Robinhood to move closer to launching a… Read More

March 26, 2026 @ 1:16 am By Omar Faridi  |  

Singapore’s equities market is set for an overhaul following the release of the final report by the Equities Market Review Group, established by the Monetary Authority of Singapore (MAS) in August 2024. Chaired by Minister for National Development and MAS Deputy Chairman Chee Hong Tat,… Read More

March 23, 2026 @ 1:48 am By Michael Wong  |  

Singapore’s central bank has released an industry-developed toolkit to help financial institutions manage risks from artificial intelligence, as regulators and banks move from broad AI principles to more practical controls for generative and agentic AI. The Monetary Authority of Singapore (MAS) said it had concluded… Read More

February 13, 2026 @ 4:49 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has revealed plans to enhance its Equity Market Development Programme (EQDP). On February 12, 2026, the authority disclosed an increase in the program’s funding from S$5 billion to S$6.5 billion. This decision aligns with the recent Budget 2026 announcement… Read More

December 19, 2025 @ 1:45 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced financial and capital markets initiatives to deepen financial cooperation with China. The initiatives were announced at the 21st Joint Council for Bilateral Cooperation (JCBC) meeting in Chongqing, China, which was “co-chaired by Singapore Deputy Prime Minister and Minister… Read More

December 2, 2025 @ 6:19 pm By Omar Faridi  |  

Thunes announced that it has received In-Principle Approval (IPA) for a variation of its Major Payment Institution licence (MPI) from the Monetary Authority of Singapore. This In-Principal Approval marks a key milestone in Thunes’ growth journey and demonstrates the Fintech firm’s ongoing commitment to being… Read More

November 25, 2025 @ 10:09 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced the completion of the Equities Market Review Group’s review and release of its final report. Key measures announced to strengthen the competitiveness of Singapore’s equities market: The establishment of a dual listing bridge connecting the Singapore Exchange (SGX)… Read More

November 15, 2025 @ 11:43 am By Michael Wong  |  

Singapore’s central bank has completed a live trial of using a wholesale central bank digital currency (CBDC) to settle overnight interbank loans, moving its experiments with tokenised assets onto an operational test network. The Monetary Authority of Singapore (MAS) said the trial, conducted on its… Read More

November 13, 2025 @ 8:19 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and the UK’s Financial Conduct Authority (FCA) have recently announced a new partnership on artificial intelligence in Finance between Singapore and the United Kingdom (UK) – termed the UK-Singapore AI-in-Finance Partnership. Announced at the Singapore FinTech Festival, the partnership… Read More

October 10, 2025 @ 1:51 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) demonstrated during Q3 2025 its commitment to upholding the integrity of the financial sector through a series of regulatory and enforcement measures. From July to September, MAS says that it has addressed critical issues ranging from licensing non-compliance and… Read More

October 4, 2025 @ 2:20 pm By Michael Wong  |  

Singapore strengthened its position as the world’s third-largest foreign exchange trading hub, with average daily turnover rising 60% to $1.485 trillion in April 2025 from April 2022, the Monetary Authority of Singapore (MAS) said, citing results of the Bank for International Settlements’ 2025 Triennial Central… Read More

September 18, 2025 @ 12:55 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) continues to support strategic initiatives that aim to bolster financial stability and value creation. Recent developments, including enhanced regional cooperation with entities like the HKMA, calls for transformational leadership in corporate governance, and a push for risk resilience, underscore… Read More

September 8, 2025 @ 9:49 pm By Omar Faridi  |  

Singapore continues to solidify its position as a global hub for financial innovation and regional collaboration through recent developments: the Green Investments Partnership (GIP) achieving its first close with US$510 million in committed capital and the reaffirmation of bilateral cooperation between the Brunei Darussalam Central… Read More

September 2, 2025 @ 12:26 am By Omar Faridi  |  

QCP Trading Pte. Ltd., the over-the-counter (OTC) spot digital payment tokens (DPT) trading arm of QCP Group, is pleased to announce that it has been granted a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). The development enables QCP Trading to… Read More

August 28, 2025 @ 7:28 pm By Omar Faridi  |  

This summer, the global mergers and acquisitions (M&A) landscape experienced a surge, surpassing $1 trillion in deal value, according to Bloomberg. According to recent research reports, from June to August, M&A activity soared by 30% compared to the same period last year, driven by a… Read More

July 13, 2025 @ 1:10 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) have agreed to deepen cooperation in green and transition finance following the third Singapore-China Green Finance Taskforce (GFTF) meeting, held in Singapore. The meeting, convened for the first time in the city… Read More

July 5, 2025 @ 10:44 pm By Michael Wong  |  

Singapore’s central bank has imposed S$27.45 million ($20.3 million) in fines on nine financial institutions after concluding a sweeping investigation into anti-money laundering (AML) lapses tied to a major money laundering case uncovered in August 2023. The Monetary Authority of Singapore (MAS) said it had… Read More

July 3, 2025 @ 1:24 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor disclosures and simplify regulatory requirements for complex financial products, in a move aimed at balancing self-directed investing with protections for vulnerable consumers. The consultation paper, published on July 1, outlines enhancements to… Read More