MAS
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. MAS also works with the financial industry to develop Singapore as a dynamic international financial centre.
See below for the Latest MAS News, Analysis, Profit Results, Share Price Information, and Commentary.
SC-STS welcomes LCH’s clearing extension for OTC SORA derivatives
The central clearing was extended from 21 years to 31 years.
SC-STS welcomes LCH’s clearing extension for OTC SORA derivatives
The central clearing was extended from 21 years to 31 years.
MAS unveils AI tool to help financial institutions curb greenwashing
The AI utility is part of the National Artificial Intelligence Programme in Finance.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Experts expect economy to grow 4.8% in Q2
The full-year growth forecast was lowered to 3.8% from 4%.
MAS revises business continuity guidelines of financial institutions
The guidelines took into account two round of public consultation.
MAS to explore digital assets use cases with Project Guardian
The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.
MAS, Swiss gov’t body agree to push for data connectivity in finance
They will work with other countries and authorities to promote financial growth.
Chart of the day: Core inflation rises to record breaking 3.3%
This is the highest since core inflation hit 3.5% in January 2012.
MAS charges insurance agents for breach of Financial Advisers Act
Their offences included falsification and providing false information.
Tech-focused talents tops demand in Singapore’s financial sector
More than 3,000 tech-focused jobs are expected in 2022.
MAS committee lists 3 recommendations on adjustment spreads for Legacy SOR contracts
The recommendation covers SOR contras that remain outstanding after 31 December 2024.
MAS slaps woman with $100,000 fine over false trading
The woman identified as Tan Su Lan purchased shares in Aspial Corp and Far East Orchard.
MAS keeping an eye on 4 threats to crypto ecosystem
Adapative approach to be taken in addressing these risks.
MAS bares top 4 priorities for 2022 and 2023
The agency vowed to take a tough approach against financial crime and misconduct.
Core inflation expected to come in 2.5%-3.5% in 2022
Consumer price inflation will also be raised by more than previously anticipated.
MAS tightens monetary policy amidst underlying inflationary pressures
The monetary policy will be tightened in two ways.
SG, Australia ink agreement to deepen FinTech collaboration
The agreement sets out a framework for 4 collaboration areas.