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- Media Releases
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- Singapore, 13 November 2018… The Monetary Authority of Singapore (MAS) today announced the three winners of the Global FinTech Hackcelerator, selected from 20 finalists See Annex A of MAS’ media release ‘60 Innovative Solutions Shortlisted for 2018 Global FinTech Hackcelerator and FinTech Awards’, 8 October 2018. that presented their innovative solutions at Demo Day, as part of the third Singapore FinTech Festival. The Global FinTech Hackcelerator was supported by KPMG Digital Village. 2 The winners
- MAS
- Media Releases
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- Singapore, 2 June 2018… The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) yesterday signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG). The JWG will be co-chaired by MAS Deputy Managing Director Jacqueline Loh and India Department of Financial Services (DFS) Additional Secretary Ravi Mital. 2. Singapore and India
- MAS
- Media Releases
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- Video Conference Meeting, 30 March 2021 1. The 7th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of Hon. Dato Dr. Mohd Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei Darussalam, and Hajah Rokiah Haji Badar, Managing Director of the Autoriti Monetari Brunei Darussalam. The Meeting was held via video conference due to the lingering effects of the COVID-19 pandemic
- MAS
- Media Releases
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- Video Conference Meeting, 30 March 2021 1. The 7th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of Hon. Dato Dr. Mohd Amin Liew Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II of Brunei Darussalam, and Hajah Rokiah Haji Badar, Managing Director of the Autoriti Monetari Brunei Darussalam. The Meeting was held via video conference due to the lingering effects of the COVID-19 pandemic
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback on Changes to AMLCFT Requirements on Money Changing and Remittance Businesses (518.1 KB) Response Paper Annex A List of Respondents (327.6 KB) Response Paper Annex B Submission from Respondents (711.5 KB) Response Paper Annex C MAS Notice 3001 Amendment January 2019 (357.2 KB) Response Paper Annex D Guidelines to MAS Notice 3001 January 2019 (835.4 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Changes to AML/CFT Requirements Imposed on Money-Changing
- PDPC
- Commission's Decisions
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- A financial penalty of $72,000 was imposed on RedMart for failing to put in place reasonable security arrangements to protect the personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2010-B7266 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 Organisation And RedMart Limited DECISION -------- RedMart Limited [2022] SGPDPC 8 Lew Chuen Hong, Commissioner Case No
- MAS
- Speeches
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- Dr Yi Gang, President, China Society for Finance and Banking, distinguished guests, friends and colleagues, good afternoon. Welcome to the 11th MAS Lecture. Since its launch in 2000, the MAS Lecture has featured distinguished members of the international financial community. Today, we are honoured to have with us, Dr Yi Gang. Yi Gang needs little introduction, and I can scarcely do justice in five minutes to his many achievements over a distinguished career spanning more than 30 years. One perhaps
- MAS
- Media Releases
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- Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks. System aims to allow direct transactions between institutions, reducing costs and increasing speed. Results will inform development of global and regional platforms and support G20 roadmap for improving cross-border payments. Singapore, 2 September 2021…The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia,
- MAS
- Media Releases
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- Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks. System aims to allow direct transactions between institutions, reducing costs and increasing speed. Results will inform development of global and regional platforms and support G20 roadmap for improving cross-border payments. Singapore, 2 September 2021…The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia,
- MAS
- Parliamentary Replies
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- QUESTION NO 2861 NOTICE PAPER 1707 OF 2019 FOR WRITTEN ANSWER Date: For Parliament Sitting on 8 July 2019 Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister (a) what are the operating terms for virtual banks as compared with traditional banks; (b) whether MAS will ensure that there is a level playing field for all; and (c) what is the impact of lower operational costs for virtual banks on consumers and the industry. Answer