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- MAS
- Media Releases
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- Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The first of its kind globally, the linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators NETS Group and the National ITMX Company Limited. , bankers’ associations, and participating banks. 2. Customers
- MAS
- Media Releases
Last revised date:
- Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The first of its kind globally, the linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators NETS Group and the National ITMX Company Limited. , bankers’ associations, and participating banks. 2. Customers
- MAS
- Media Releases
Last revised date:
- 1. We, the Finance Ministers and Central Bank Governors of ASEAN, convened a joint meeting in Singapore on 6 April 2018, co-chaired by Mr. Heng Swee Keat, the Minister for Finance of Singapore, and Mr. Ravi Menon, Managing Director of the Monetary Authority of Singapore. 2. We reaffirm our commitment to the ASEAN Economic Community (AEC) Blueprint 2025, including its strategic objectives of financial integration, financial stability, and financial inclusion. We welcome the Singapore Chair
- MAS
- Notices
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- Requirements for banks on minimum cash balance (MCB). This notice applies to all banks. It sets out the minimum cash balance (MCB) requirements that a bank has to comply with. Amendment Notes 24 Jun 2022 MAS Notice 758 (Amendment) 2022 (134.2 KB) takes effect. 06 Mar 2014 MAS Notice 758 (Amendment) 2014 takes effect. 31 Jul 2008 MAS Notice 758 dated 13 February 2008 takes effect. Appendix 1: Manual Submission/Amendment of Qualifying Liabilities Returns (33.2 KB) MAS NOTICE 758 (AMENDMENT) 2022
- MAS
- Economic Essays
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- By Ivan Png and Charmaine Tan This study was published as Special Feature C in the April 2020 Macroeconomic Review. Special Features 109 Special Feature C Privacy, Trust in Banks, and Use of Cash Ivan Png and Charmaine Tan1 1 Introduction In China, street vendors, buskers, and even beggars accept electronic payments (Jenkins, 2018). By contrast, six of ten Tokyo restaurants require payment in cash (Lewis, 2019). Worldwide, the share of retail transactions
- MAS
- Media Releases
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- Singapore, 25 November 2022… The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and agreed on further cooperation in these areas. 2. At the Financial Dialogue, the UK and Singapore agreed on a Memorandum of Understanding on the UK-Singapore FinTech Bridge
- MAS
- Media Releases
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- Singapore, 4 November 2022... The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced the award winners of the Global FinTech Hackcelerator and the SFF Global FinTech Awards, at the Singapore FinTech Festival (SFF). The winners, comprising financial institutions, FinTechs and solution providers, were recognised for their innovative solutions that can help to accelerate the pace of digitalisation, innovation and sustainability in the financial industry. Global
- MAS
- Macroeconomic Reviews
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- Presentation Slides for Briefing PDF (1.1 MB) Volume XVII, Issue 1 April 2018 -------- Volume XVII, Issue 1 April 2018 Economic Policy Group Monetary Authority of Singapore -------- ISSN 0219-8908 Published in April 2018 Economic Policy Group Monetary Authority of Singapore http://www.mas.gov.sg All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanised, photocopying, recording or otherwise
- PDPC
- Public Consultations
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- XFERS PTE. LTD. (Incorporated in Singapore) Co. Reg. No.: 201411660R 17 July 2019 To: Personal Data Protection Commission Singapore Dear Sir / Mdm, corporate@pdpc.gov.sg Xfers Pte Ltd response to PDPC’s Public Consultation on Proposed Data Portability and Data Innovation Provisions 1. We thank you for the opportunity to submit our feedback and comments to your public consultation on the proposed data portability and data innovation provisions.
- MAS
- Media Releases
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- Singapore, 16 November 2017… The Monetary Authority of Singapore (MAS) announced the three winners of the Global FinTech Hackcelerator. The three winners were selected from a pool of 20 finalists that presented their solutions at Demo Day today, as part of the 2nd Singapore FinTech Festival . 2 The winners are (in no order of merit): Company Name Description of winning solution Moxtra Moxtra is an embeddable Secure Messaging and Business Collaboration Service for the mobile on-demand era that helps