Monetary Authority of Singapore

MAS investigating Samlit for allegedly failing to remit money to China

The money changer is suspected of failing to comply with obligations as a licensed payment service provider.
7 hours ago

MAS investigating Samlit for allegedly failing to remit money to China

The money changer is suspected of failing to comply with obligations as a licensed payment service provider.
7 hours ago

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

MAS unveils multi-sector transition taxonomy

This is the first taxonomy globally to pioneer the concept of a “transition” category.

MAS unveils responses for proposed regulation of DPT service providers

Regulations are expected to take effect in phases beginning mid-2024.

Singapore to pilot use of wholesale CBCDs in 2024: Menon

MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

8 in 10 Singaporeans approve of proposed phishing scam accountability framework: poll

Over 4 in 5 says that financial institutions should be held most accountable for scams.

DBS prohibited from buying new businesses or closing branches for 6 months

MAS will review progress after six months and may choose to extend the measures. 

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

MAS proposes fund management regulation shake-up with new framework

If approved, the existing RFMC regime will be repealed.

Sygnum Singapore obtains major payments institution license

It can now operate its DPT brokerage service in Singapore.

MAS teams up with BIS, Swiss and  France central banks to test wholesale CBDCs

Project Mariana used DeFi technology concepts on a public blockchain.

Singapore probing banks’ involvement in $1.75b money laundering scandal: report

MAS says it's "too early to tell" if FIs involved adhered to ML requirements or not.

MAS enforced over S$20m in penalties in past 18 months

Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.

New requirements published for DPT service providers

It will mitigate the risk of loss or misuse of customers’ assets.

DPM Wong is the new chairman of MAS’ board of directors

Wong will survive beginning 8 July up to 31 May 2026.