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- Media Releases
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- Singapore, 13 November 2019… The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) today launched the BIS Innovation Hub Centre in Singapore.
- This will help central banks develop innovative solutions and policies for cost-effective regulation and supervision. 6 Mr Ravi Menon, Managing Director, MAS, said, “MAS is delighted to partner the BIS in this visionary initiative.
- The Hub is a central part of this effort and the launch of the Hub Centre in Singapore reflects the impressive work by the MAS on Fintech as well as Singapore’s reputation for excellence in innovation.” 8 The launch of the Hub Centre took place at the sidelines of the 2019 Singapore FinTech Festival
- MAS
- Media Releases
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- Singapore/Malaysia, 27 September 2021… The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) today announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. 2.
- Following the launch, MAS and BNM will progressively expand the PayNow-DuitNow linkage to incorporate a wider range of features and participants.
- The linkage also offers MAS and BNM a valuable opportunity to incorporate the use of distributed ledger and smart contract technologies in the wholesale cross border payments space.” 6.
- MAS
- Sustainability Report
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- Download the infographic on Sustainability Report here (559.6 KB) Media Conference Mr Ravi Menon, Managing Director, MAS, spoke on the critical role the financial sector plays in facilitating an orderly transition to a green economy and how MAS is strengthening the financial sector’s resilience against
- Read the full speech Watch the speech International Cooperation on Green Finance Read more on our collaborations NGFS SIF IAIS BCBS FSB IOSCO IPSF EMEAP ASEAN MAS SUSTAINABILITY REPORT 2020/21 This inaugural Sustainability Report brings together the efforts that MAS is undertaking through its different
- Ravi Menon, MAS Managing Director Click on the respective icons below to find out more SCAN TO READ Financial Sector Resilient to Environmental Risk Vibrant Green Finance Ecosystem Strengthen the resilience of the financial system through robust risk management and disclosure practices Work
- MAS
- Media Releases
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- The Dialogue was chaired by Director General (Financial Services) of HM Treasury (HMT), Ms Katharine Braddick, and Deputy Managing Director (Markets and Development) of the Monetary Authority of Singapore (MAS), Mr Leong Sing Chiong. 2.
- MAS Chairman Tharman Shanmugaratnam said, “The enhanced financial partnership between the UK and Singapore is important and timely.
- The Financial Partnership is supported by a new Memorandum of Understanding (MoU) which was signed by the Chancellor of the Exchequer, Mr Rishi Sunak together with Senior Minister and Chairman of the MAS, Mr Tharman Shanmugaratnam.
- MAS
- Media Releases
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- Singapore, 21 July 2021… The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2021 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards).
- The Awards, supported by PwC Singapore, brings together the FinTech Awards previously presented separately by MAS and SFA. 2 The theme for the 2021 Awards is “Emerging from a pandemic, the road to recovery”.
- Up to 12 winners will be selected under the four categories by MAS - Singapore FinTech (Singapore Founder), ASEAN FinTech, Singapore Financial Institution and Global - by an international panel comprising industry experts across multiple domains.
- MAS
- Media Releases
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- Singapore, 21 July 2021… The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2021 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards).
- The Awards, supported by PwC Singapore, brings together the FinTech Awards previously presented separately by MAS and SFA. 2 The theme for the 2021 Awards is “Emerging from a pandemic, the road to recovery”.
- Up to 12 winners will be selected under the four categories by MAS - Singapore FinTech (Singapore Founder), ASEAN FinTech, Singapore Financial Institution and Global - by an international panel comprising industry experts across multiple domains.
- MAS
- Speeches
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- MAS has launched, together with the industry, Project Greenprint - a technology platform to support the green finance ecosystem.
- MAS is keen to work with the industry, academia and international organisations to develop these sector-specific frameworks, for example, for maritime, agriculture, logistics, and others.
- In Singapore, MAS is working with our financial institutions, solutions and data partners to pilot some use cases so that we can collectively learn, adapt, and grow in our ability to define the right metrics for ESG measurement.
- MAS
- Media Releases
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- The Dialogue was chaired by Director General (Financial Services) of HM Treasury (HMT), Ms Katharine Braddick, and Deputy Managing Director (Markets and Development) of the Monetary Authority of Singapore (MAS), Mr Leong Sing Chiong. 2.
- MAS Chairman Tharman Shanmugaratnam said, “The enhanced financial partnership between the UK and Singapore is important and timely.
- The Financial Partnership is supported by a new Memorandum of Understanding (MoU) which was signed by the Chancellor of the Exchequer, Mr Rishi Sunak together with Senior Minister and Chairman of the MAS, Mr Tharman Shanmugaratnam.
- MAS
- Speeches
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- This is a reflection of the close bonds with our partners in China, which MAS greatly values.
- In October this year, the third China Securities Regulatory Commission (“CSRC”)-MAS Supervisory Roundtable was held here in Shanghai, chaired by CSRC Vice Chairman Fang Xinghai and MAS Deputy Managing Director Ong Chong Tee.
- The 2nd MAS-Shanghai Municipal Financial Regulatory Bureau Training and Exchange Programme will be held from 28 to 30 November 2018.
- MAS
- Speeches
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- Since becoming a member of IFSB, MAS has been involved in the task force on Islamic Money Markets, and the Working Groups on Supervisory Review Process and on Special Issues in Capital Adequacy.
- Hence, the Monetary Authority of Singapore will support efforts at developing the requisite manpower and expertise. 24 So far, the industry has developed much faster than the growth of expertise to support such growth.
- At the Monetary Authority of Singapore, we are committed to supporting this development. We believe that Singapore, as an international financial centre, can and should have a full suite of Islamic financial products that can meet the needs of banks and investors.